Manitoba announces $1.8M in funding for construction of mixed-income housing

The Manitoba government says it’s giving $1.8 million to an affordable housing project in the Exchange District.

The funds, housing minister Bernadette Smith announced Thursday, will go toward the Market Lands, a mixed-use project being built at the former site of the Public Safety Building, Winnipeg’s police headquarters that was demolished in 2020.

At a press conference, Smith said the provincial funding is going one step further than just helping with ongoing construction.

“In addition to contributing toward capital costs, we will be providing an ongoing contribution to ensure that 48 of the 95 units are deeply affordable, rent-geared-to-income units,” Smith said.

On top of housing, the Market Lands is set to also feature a cultural hub, which has received funding from the federal government.

2:38 Liberals unveil ‘ambitious’ housing plan to build 3.87 million homes by 2031

&copy 2024 Global News, a division of Corus Entertainment Inc.