N.S. woman offers waterfront property to developers in exchange for affordable housing - constructconnect.com - Daily Commercial News

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N.S. woman offers waterfront property to developers in exchange for affordable housing - constructconnect.com - Daily Commercial News
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A Nova Scotia woman who describes herself as “land-rich but cash-poor” has a unique offer for housing developers: take her waterfront property and build affordable housing — including a unit for her.

“land-rich but cash-poor” has a unique offer for housing developers: take her waterfront property and build affordable housing — including a unit for her.

Dermody, who’s lived in Cape Breton all her life, said that she has been struggling with affordable housing, and recently moved 15 minutes outside of Sydney because she could no longer afford rent in town. Dermody’s mother, who lived in Howie Centre for 30 years, bought the land more than 15 years ago before moving to Ontario. It measures about 0.6 hectares.

“I think there’s creative solutions to these issues around every corner, so I love it…I’m inspired when I see that people are thinking about not just themselves but the wider community and the needs out there,” McDougall said.

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