Bill 254: Affordable Homeownership for Nova Scotians Act

Real estate developers, property owners, and municipalities in Nova Scotia are most directly affected. If you own property in a designated Affordable Housing Priority Area, you must notify the Trust before selling certain classes of real property, and the Trust has a right of first refusal to match any accepted offer — meaning your sale could be delayed or redirected. Municipalities must also notify the Trust before proceeding with tax sales of qualifying properties. Private developers, non-profits, co-operatives, and construction firms may find new business opportunities by partnering with the Trust to build homes, while community land trusts — including Black-led organizations serving historic African Nova Scotian communities — can access land transfers, financial assistance, and technical support.