Housing Accelerator Fund Capital Grant Incentive Awards

moffattdavid
Jan 17
3 min read

The City of Winnipeg’s Housing Accelerator Fund Capital Grant Incentive program provides grants directly to developers to create more housing.

This first round of funding focused on affordable housing projects and projects in downtown Winnipeg. The application period ran from May 31 to July 12, 2024.

A total of $25 million was available, with a maximum grant per project of $5 million. In total, grants were awarded to 11 projects in the first round of funding.

The awarded projects are expected to create a total of 1135 new housing units. Of those new units, 597 will be affordable units, and 613 located Downtown.

Future rounds of funding will be open at a later date with ability to support additional projects. Future rounds may include incentives for projects outside Downtown, such as near transit corridors.

The City is also in ongoing discussions with other funding partners, such as Province of Manitoba and End Homelessness Winnipeg, to ensure alignment and maximize program impact.

Funding Round 1: awarded projects

Longboat

530 St. Mary Ave. & 252 Good St.

The new 165-unit, privately owned development will provide 50 units of affordable housing, 1,780 square feet of commercial space, and aims to be accessible for every ability.

Manitoba Inuit Association

Our Safe Space

This project will have 15 transitional housing units for Inuit women and women with children who are escaping gender-based violence. The facility will be the first housing initiative lead and operated by Inuit to serve Inuit within Manitoba.

Market Lands Inc.

Market Lands North Mixed-Use

This new mixed-use development will provide 128 mixed-income housing units, including 48 deeply affordable units, a large commercial space, and a daycare with a dedicated play area.

MRH Properties

346 Pacific Ave.

This new, privately-owned development will convert a downtown surface parking lot into 128 units of housing, including 38 affordable units.

Ndinawemaaganag Endaawaad

Endaaying (Our Home)

This new 23-unit transitional housing development in Winnipeg’s North End will provide housing with wrap-around supports for Indigenous youth.

Shoal Lake 40 First Nation

2675 Portage Ave.

This new development will provide 150 units of housing, over 40% of which will be a mix of affordable one, two, and three-bedroom units. This building will be open to the public offering safe, affordable housing for all residents, including Shoal Lake 40 First Nation community members wishing to live, study, and work in Winnipeg.

University of Winnipeg Community Renewal Corporation

Second-Stage GBV Transitional Housing Project

A new, 15-unit, transitional housing development for Indigenous and Newcomer women, Two Spirit, trans, and non-binary people, and their dependents who have experienced gender-based violence (GBV). Wrap-around support services to be provided by Family Dynamics, Ikwe Widdjiitiwin, and New Journey Housing.

UWCRC 2.0 Inc. & 10162513 Manitoba Ltd.

440 Edmonton St.

This project will convert a vacant 13-story commercial building into a residential complex with 180 new transitional, social, and affordable housing units.

Westgate Developments Ltd and LVDC Holdings Ltd

125 Garry St.

This privately-owned development will convert a largely vacant commercial building into a mixed-use apartment with a commercial ground floor and 126 units of housing, including 32 affordable units.

Winnipeg Chinatown Development Corporation

228 King St. & 261 Princess St.

This new, 54-unit apartment in the heart of Chinatown will include a daycare space, 14 affordable units, and 15 units that are rent geared to income.

Winnipeg Housing Rehabilitation Corporation

145 Transcona Blvd.

This new development will provide 154 units designed to house families and people with disabilities currently experiencing homelessness or at risk of homelessness. Forty-six percent of units will be deeply affordable, and an additional 31 units will be rent geared to income designated for vulnerable populations.