Bill 62: Rent-to-own Starter Homes Act

This bill primarily affects the prefabricated or modular home construction industry, as the provincial Department of Growth and Development will be commissioning the construction of at least 100 prefabricated homes across Nova Scotia. Construction contractors, suppliers, and manufacturers of prefab housing in Atlantic Canada are the most likely businesses engaged — companies that build modular units, supply building materials, or manage site preparation. Larger firms or those with capacity to deliver at scale across multiple sites will be better positioned to bid on government contracts. Private real estate developers and landlords may also be indirectly affected, as the program competes with the private rental and starter-home market for lower-income buyers.