What is the Groves at Hillsdale housing development in Amherst?

The Groves at Hillsdale is a new affordable housing community in Amherst, Nova Scotia, offering homes for sale and rent.

How can I buy a home without a down payment in Amherst?

You may be able to buy a home without a down payment through the shared ownership model at The Groves at Hillsdale, requiring eligibility and a mortgage.

Who operates the shared ownership program in Amherst?

The shared ownership program for the new housing development in Amherst is operated by United Way Maritimes.

Home / Business and Economy / Amherst Opens Doors: Affordable Homes with Zero Down Payment

Amherst Opens Doors: Affordable Homes with Zero Down Payment

20 Jan

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Summary

Amherst, N.S. is nearing completion of a new affordable housing community.
Eligible buyers can purchase homes through shared ownership without a down payment.
The project received significant funding from provincial, federal, and local sources.

Amherst Opens Doors: Affordable Homes with Zero Down Payment

A new affordable housing development in Amherst, Nova Scotia, named The Groves at Hillsdale, is nearing completion and is now accepting applications for homeowners. Twenty-eight homes will be offered under a shared ownership model, a program operated by United Way Maritimes, enabling qualified buyers to purchase a property without requiring a down payment.

Under this model, United Way Maritimes will hold approximately a 30% ownership stake in each unit. This structure helps reduce the overall cost for the buyer, making homeownership more attainable. Prospective homeowners must reside or work in Cumberland County, have an annual household income between $50,000 and $80,000, and secure mortgage approval.