CBRM approves grants, tax breaks for developers of affordable housing

Money to come from $11.4M in federal funding announced earlier this year

CBC NewsTom Ayers

Cape Breton Regional Municipality is offering developers new grants and tax breaks to increase affordable housing in the area.

The incentives are available under two new policies approved this week to spend $11.4 million in funding from the federal housing accelerator fund.

"Since I've been on council, one of our first objectives when we all sat down together was talking about removing some red tape and incentivizing building and this is exactly what's happened," CBRM Coun. Glenn Paruch said Tues…

Continued...

Read the full story on the CBC website

CBRM approves grants, tax breaks for developers of affordable housing

SOURCE www.cbc.ca

Posted by
Receive news by email and share your news and events for free on goCapeBreton.com
SHOW ME HOW


94
https://capebreton.lokol.me/s/cbrm-approves-grants-tax-breaks-for-developers-of-affordable-housing-17117-9277271
CBC NewsTom Ayers, Posted: Mar 27, 2024 2:17 PM EDT | Last Updated: 8 minutes ago
Living News From Local Media

0

Log In or Sign Up to add a comment.
Depth
seek-warrow-w
  • 1
arrow-eseek-eNo items to display

Facebook Comments

View all the LATEST
and HOTTEST posts
View

Share this comment by copying the direct link.

  • Our Sponsors

Using this website is subject to the Terms of Use that contain binding contractual terms.