The City of Winnipeg is taking a proactive approach to addressing the housing needs of its residents by launching the Housing Accelerator Fund Capital Grant Program. With an initial funding of $25 million, this program aims to support local housing projects and increase the supply of affordable homes in the city.

Developers are now invited to submit grant applications for eligible housing projects, with a focus on creating new housing in downtown non-profit and affordable housing categories, downtown market projects, and affordable housing located outside of downtown. Winnipeg Mayor Scott Gillingham emphasizes the importance of innovative and creative proposals that maximize the number of units built, ultimately providing more Winnipeggers with access to safe and affordable homes.

The program, funded by the Housing Accelerator Fund as part of the National Housing Strategy, aims to remove barriers to housing supply, accelerate growth, and build sustainable communities. Federal Minister of Northern Affairs Dan Vandal highlights the $122 million in funding provided by the federal government to address the urgent need for more homes in Winnipeg.

Grant applications for the Capital Grant Program will be accepted until July 12, and applicants must demonstrate the ability to secure a building permit within one year of approval. Those interested in learning more about grant eligibility and the application process can visit winnipeg.ca/hafcapitalgrant for more information.

Overall, the Housing Accelerator Fund Capital Grant Program presents a significant opportunity for developers and non-profit housing agencies to contribute to the growth of affordable housing in Winnipeg. By working together to address the housing crisis, the city can create more affordable and sustainable communities for all residents.

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