Parent Apartment Program

The Parent Apartment Program creates affordable housing accommodation for senior family members by providing low interest loans for additions or renovations to a single family dwelling. Funding is provided by the Province of Nova Scotia.

The maximum loan available is $25,000.

The maximum repayment term is 10 years with the interest rate to be established at the time of approval.

Where chattel mortgages are used to secure the loan, the term cannot exceed 6 years.

Eligibility

• You must own and occupy the home you wish to renovate and have a good credit rating.
• Senior must be 50 years of age or older with a combined income of $20,000 or less.
• The additions or space to be altered shall include a minimum 120 sq. foot bedroom and closet space and may include bathing and food preparation areas. If bathing facilities are not to be included, existing facilities must be easily accessible from the parents bedroom.

Next steps

Contact the nearest Housing Services office of the Department of Community Services.