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The AHI program will help improve existing housing, increase home ownership and make new rental units more accessible to Manitobans. The AHI New Rental Supply program will work with the private sector, non-profit and co-operative organizations, providing access to capital funding to help develop a new supply of rental stock. What is the Affordable Housing Initiative (AHI)?The Affordable Housing Initiative is an approximately $50 million, five-year joint venture of the federal and provincial governments, developed to increase the supply of affordable rental units and new housing available in Manitoba. This will be achieved by supporting the development of new rental and homeowner units, offering a repair/conversion option, homebuyer down payment assistance and rent supplements. What will the AHI New Rental Supply (NRS) program do?This AHI program will provide additional affordable new rental units across Manitoba for low- to moderate-income renters. What will the program do for the private rental market?The NRS program was designed to develop a new supply of rental units by working with the private sector and provide them access to capital funding. What will the program do for the non-profit and co-operative rental market?The program will increase the supply of rental units by working with the non-profit sector and provide them access to capital funding. The program works with existing provincial programs such as Proposal Development Funding (PDF), which helps non-profit groups defray the costs of bringing a new construction or redevelopment proposal to the financing stage. Where will the New Rental Supply program be available?It will be available throughout the province. Where can I get more information about the AHI?Read our backgrounder, About the Affordable Housing Initiative, or contact: The Affordable Housing Initiative |
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