WINNIPEG — Manitoba’s new Housing Starts Here online portal is geared towards simplifying the application process for a new $26-million capital grant program for non-profit organizations, Indigenous governments and municipalities.
The idea is to support the development of 350 social housing units in 2024-25, explains a release from the province.
Interested organizations can apply for forgivable loans to acquire existing buildings that could be renovated into new social housing units, renovate derelict stock or construct new units.
The portal will also include applications for rent supplements to ensure rents remain low, the release reads, and funding for support services to ensure people experiencing or at risk of homelessness have access to the services they need to stay housed.
In addition to the $26 million for the portal, the province is also increasing the Proposal Development Fund (PDF) to $5 million for non-profit organizations. PDF loans help organizations to engage professional services to help bring affordable housing proposals to the financing stage. Grants of up to $250,000 will be available through the fund, which will also offer repayable loans of up to $50,000.
For more information visit www.gov.mb.ca/housing/.
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