A Housing Needs Assessment Report found that, in 2022, a household income of $43,800 was required to afford the median rent for a studio apartment, and an income of $72,900 was needed to afford the median rent for a unit with three or more bedrooms. [...] Recommendations We urge your government to prioritize public investments in the development and protection of deeply affordable housing in the 2024-2025 Budget, particularly for people experiencing housing precarity and homelessness. [...] The province must invest in creating housing that will be truly affordable to those in need. [...] To ensure broad support for all tenants facing housing precarity, the province should also invest in supporting the other 35,565 households that spend between 30 per cent and 50 per cent of their income on rent. [...] We welcome the opportunity to provide our housing expertise and look forward to further discussions with the province to ensure Nova Scotians can live in secure and affordable homes.
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