Co-operative programs provide modest, affordable housing for lower- and moderate-income families and individuals through non-profit continuing housing co-operatives. Co-operative housing is owned and managed by the resident members.
Depending on the type of co-operative housing program, and the household annual income, a members' monthly housing payment may be market rent or less. A member with low income may be eligible to receive subsidy from either the co-operative's subsidy pool (income tested assistance) or through a rent supplement provided by the Department (ILM Co-op's). Most Boards of Directors of co-operative housing projects undertake subsidy reviews annually and distribute subsidies based on the amount available to the co-operative.
Information on this housing option may be obtained by calling the Co-operative Housing Federation of Nova Scotia at 1-800-755-3881, or the nearest Housing Services Office of the Department of Community Services.
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