Mahone Bay Receives $417,000 in Federal Funding for New Housing Initiatives
The Town of Mahone Bay has been awarded $417,000 from the Federal Government’s Housing Accelerator Fund. Announced yesterday in Bridgewater by Member of Parliament Kody Blois, this infusion of capital is set to accelerate new housing construction in the town.
What the Funding Means
The new funding is designed to fast-track housing development in Mahone Bay by:
- Increasing efficiency in current processes
- Reviewing fees that impact housing projects
- Implementing grant programs to support builders
- Crafting a comprehensive housing plan for the town
A Vision for Community Growth
Mayor Suzanne Lohnes-Croft emphasized the broader impact of the initiative, stating,
“The Housing Accelerator Fund is more than just bricks and mortar – it’s about building a stronger, more inclusive community. This funding will support much-needed housing development in Mahone Bay, ensuring that both current and new residents have a place to call home while contributing to the town’s long-term growth and sustainability.”
Looking Ahead
This significant funding marks an important step forward in Mahone Bay's efforts to boost housing availability and support community growth. For additional details on the funding and its role in shaping the town’s future, please visit the official press release here.
This investment not only supports immediate housing projects but also lays the groundwork for sustained growth and community development in Mahone Bay.
