Index-Linked Mortgage Co-operative Housing Program
The Index-Linked Mortgage (ILM) Co-operative Housing Program supports the operation of non-profit co-operatives
that were developed to provide housing for moderate income members.
Co-op members purchase equity shares in the project and collectively
become owners and managers of the building. Subsidies may be
available to low-income members. People who want to become tenants in
an
existing project must purchase a share in the co-op.
Eligibility:
- Applicants will be selected in accordance with the terms
of approved project operating agreements.
- A specified portion of the residents in each project
will be eligible to receive assistance under the Rent Supplement Program
or Complementary Assistance Program.
Contact Information:
Portfolio Administration Branch
Manitoba Family Services and Housing
Main Floor - 280 Broadway
Winnipeg MB R3C 0R8
Phone: (204) 945-4661
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