Home / Government / Property Taxes and Rates / COVID Property Tax Financing

COVID Property Tax Financing

Many of us are reeling with the effects of COVID-19 - physically, mentally and financially. While we continue to face this extraordinary chapter of our collective lives together, our experiences can be very different, especially if our livelihood is affected. Some are struggling to support themselves and their families. Property taxes should be the least of their worries while trying to get back on track. Because of this financial burden, the Province of Nova Scotia and the Nova Scotia Federation of Municipalities announced a new financing program valued at $380 million. As a result, Council for the Municipality of Chester (MOC) adopted a Policy that will assist property owners who are negatively affected by a loss of income or other financial hardship directly related to COVID-19.

Eligible residents can apply for low-interest financing to pay property taxes over a period of 30 months at an interest rate of 1.35%. Deadline to apply is November 15, 2020.

Eligibility Requirements

  • Must own a primary residence within the Municipality of Chester.
  • If you own a primary residence, then a secondary cottage/summer residence is also eligible for the program.
  • Property tax account must be in good standing (cannot be in arrears).
  • The program is for residential properties, which include tourism operational (B&B), but not Airbnbs.
  • Commercial properties are not eligible.
  • Residential rental properties are eligible.
  • Eligible residents are encouraged to complete the intake form linked on the right. MOC staff will review the form and contact you.
This site is powered by 100% renewable energy