N.S. woman offers waterfront property to developers in exchange for affordable housing
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.“High rent forced me out, so it’s impacted me, and I know it’s impacting others I know. So I think if I get the right help from the right developer, I could help others and myself at the same time,” she said, adding that she cannot afford to build on the land herself.
Dermody said she is particularly concerned about the rising levels of homelessness in the area. The issue is close to her heart because her brother died in 2021 while homeless in a park in Hamilton, Ont.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.
Dermody shared her idea on social media on Jan. 6, and she’s since been in conversation with two developers who intend to meet with her in the coming weeks, she said. Cape Breton Regional Municipality Mayor Amanda McDougall said in a recent interview that she’s excited about Dermody’s unique offer to try to increase housing supply. Howie Centre is part of the regional municipality.
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