Manitoba announces funding for 350 new affordable housing units

Manitoba's NDP government is focussing on developing housing for those "who need it most" with 350 new units of affordable housing, it announced on Thursday.

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This is part of its strategy to end chronic homelessness and make it more affordable for all Manitobans to rent or own a home, Housing, Addictions and Homelessness Minister Bernadette Smith announced.

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"Our government's approach to housing will help Manitoba families and have a focus on those who need it most," said Smith. "Our first budget will fund 350 new units of social and affordable housing and support 3,000 more. This investment will help more Manitobans have a place to call home and builds on the work already underway."

The NDP's recently announced budget earmarked $116 million for constructing 350 social and affordable housing units as well as upkeep, renovations and repair for 3,000 more.

The Manitoba government has also supported other projects to address needs in our communities, including Market Lands, said Smith. The Manitoba government is providing capital funding in the form of a forgivable loan of up to $1.8 million towards the construction of Market Lands and rent supplement funding so that 48 of the 95 units will be rented on a rent-geared-to-income basis.

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