The town has been awarded $2,323,150 from the Housing Accelerator Fund, a federal program designed to remove barriers to encourage local initiatives to build more homes, faster.
Friday, March 21, 2025 –The Town of Yarmouth was included in an exciting announcement today that will strengthen its ability to help grow the local housing supply. The town has been awarded $2,323,150 from the Housing Accelerator Fund, a federal program designed to remove barriers to encourage local initiatives to build more homes, faster.
With these funds, the town will implement its Housing Accelerator Fund (HAF) Action Plan featuring five strategic initiatives designed to drive housing development. With this investment, the Town aims to achieve a housing supply growth target of 119 net new residential units over the next three years.
“A great deal of work by staff went into the Town’s successful bid for this funding,” said Yarmouth Mayor, Pam Mood. “While we cannot build housing, we continue to think out of the box to find new and creative ways to increase our housing stock as quickly as possible. This is a huge win!”
Read the full press release on today’s announcement here: https://www.newswire.ca/news-releases/helping-build-more-homes-faster-in-canada-860960562.html
Learn more about the town’s Housing Accelerator Action Plan here: https://www.townofyarmouth.ca/housing-accelerator-fund.html