For over 30 years the Affordable Housing Association of Nova Scotia (AHANS) has been involved in building and in upgrading, protecting and better utilizing the province’s existing stock. We work in collaboration with non-profit housing providers, all levels of government, and the private sector from across the province.
Upcoming opportunities within the National Housing Strategy (NHS) create vast potential to improve and add to our affordable housing stock. However, inherent limitations of the sector require additional support and attention to meet eligibility criteria. In response, AHANS has added Non-Profit Housing Development Consultancy to its list of offerings.
Developing real estate is a complex process that requires, expertise, time, equity, and the work of a variety of dedicated professionals. Land use requirements, financing procedures, multi-part government programs, and evolving design requirements all add to the complexity. Hiring our experienced development consultancy team offers the comfort of having someone “on board” who understands the complexities of the process and the challenges of the sector. As demographic need throughout out province shifts, our goal is to work with stakeholders from the non-profit, public, and the private sector to maintain and expand an affordable housing stock for all.
Organizational Growth Assessment
A sustainable growth plan should be based on your organizations capacity, values and mission. Your organizational growth assessment will incorporate these distinct characteristics while evaluating organizational structure, staffing, and financial capacity.
Inter-organizational capacity assessment
Growth path development
Needs Assessment – Market Analysis
Expansion and development should be informed by the current market, target population, and ability to complete the project. AHANS wants to support non-profits in making these difficult decisions by supplying them with the most relevant data.
Analysis of current housing supply, including rental rates and occupancy
Analysis of organizational need (location, program requirements, unit suitability)
Create Your Concept
Findings from the Growth Assessment and Needs Assessment, inform a sustainable growth path distinct for your organization. AHANS can help create development concepts for a specific project, or provide a long-range plan for expansion.
Develop a plan representative of your organizational goals to achieve appropriate housing type and size for your intended residents
Appropriate housing type, features and for your intended residents
Identify site limitations
Determine number of units / beds
Determine municipal service requirement and planning process for project completion
Design funding plan
Initial financial business plan
Ensuring an organization can afford to build and sustain development is essential to maintain a quality affordable housing stock. We can prepare fair financial budgets for your organization and include all relevant funding opportunities to assist you along the way.
Prepare preliminary project budgets
Design operating budgets that incorporate affordable shelter costs for your target tenant demographic
Explore potential federal, provincial, municipal funding programs and private lender financing that help you achieve your goal.
Coordinating funding applications to government and lenders.