Housing Accelerator Fund

Mahone Bay is growing: be part of the opportunity

Mahone Bay is proud to be a successful recipient of the Housing Accelerator Fund (HAF2), a transformative $400 million initiative from the Government of Canada, delivered by Canada Mortgage and Housing Corporation (CMHC). The HAF is designed to remove barriers and encourage local action to build more homes, support affordable housing, and create diverse, climate-resilient communities across the country.

Through the second round of HAF funding, Mahone Bay is receiving over $400,000 to move forward with its Housing Action Plan, which includes five key initiatives:

• using an online permit system to increase efficiency
• determining viability of town land for housing
• reviewing fees
• developing an affordable housing plan
• creating funding programs

As part of the funding agreement, the Town has the goal of permitting 36 new housing units by April 2029.

With increasing demand for housing driven by regional growth, the twinning of Highway 103, and the town’s appeal to both families and retirees, Mahone Bay is ready to grow and we’re inviting developers, builders, investors, and landowners to be part of this momentum.