Closed
Source verified July 11, 2026
Funding available
$ 250,000
Deadline
February 10, 2025
Location
Winnipeg, Manitoba, Canada
Overview
Affordable Housing Now supports approved affordable rental housing projects in Winnipeg through up to $50,000,000 in tax increment financing and $2,000,000 in grants. It is available to non-profit organizations, for-profit organizations, and Indigenous governments and organizations for new construction, conversions, and rehabilitation of vacant former residential buildings.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase social or community impact
- Enhance an existing program
- Strengthen organizational capacity
Eligible Funding
- Maximum amount : 250,000 $
- Up to 80% of project cost
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Winnipeg
- Manitoba
Legal structures
- Non-profit
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Non-profit candidates
Sector of operation
- Housing
Target groups
- All the groups
Revenue structures
- All structures
Scope
- All dimensions
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Social housing (rent-geared-to-income), mixed market/affordable rental housing, supportive housing, and transitional housing.
- New construction.
- Conversion of non-residential use to residential use.
- Rehabilitation of former residential buildings currently vacant and uninhabitable.
Documents Needed
- Application Workbook
- Architectural plans
- Third-party construction budget
Official resources
Eligibility
Who is eligible?
- Non-profit organizations
- For-profit organizations
- Indigenous governments and organizations
Eligible geographic areas
- Downtown
- designated Housing Improvement Zone
Selection criteria
- Projects are assessed on how well they meet the needs of vulnerable groups, including people experiencing homelessness, women and children fleeing domestic violence, Indigenous peoples, people with disabilities, people dealing with mental health and addiction issues, racialized groups, recent immigrants and refugees, veterans, LGBTQ2+, seniors, and young adults.
How to apply
- Review the eligibility criteria to determine whether your project qualifies.
- Submit the Application Workbook, along with your project’s architectural plans and third-party construction budget.
- Your application will be reviewed and evaluated by the Affordable Housing Now team, and you may be asked for further information.
- The City of Winnipeg will consult with CMHC to confirm priority and eligibility under its programs.
- If approved, you will receive a Conditional Approval Letter outlining the type and amount of each grant and any conditions of approval.
- Once National Housing Strategy funding is received and executed, submit proof to trigger the final Grant Agreement with the City of Winnipeg.
Processing and Agreement
- Applications are reviewed and evaluated by the Affordable Housing Now team.
- The City of Winnipeg may consult CMHC to confirm priority and eligibility.
- Approved projects receive a Conditional Approval Letter outlining grant type, amount, and conditions.
- A final Grant Agreement is issued after National Housing Strategy funding approval is verified.
Additional information
- The program is fully subscribed and is no longer accepting applications.
- It is designed to complement projects supported under Canada’s National Housing Strategy.
- Two funding streams are available: Tax Increment Financing Grants and Capital Grants.
Contacts
Frequently Asked Questions about the Affordable Housing NOW Program
What is the Affordable Housing NOW?
Affordable Housing Now supports approved affordable rental housing projects in Winnipeg through up to $50,000,000 in tax increment financing and $2,000,000 in grants. It is available to non-profit organizations, for-profit organizations, and Indigenous governments and organizations for new construction, conversions, and rehabilitation of vacant former residential buildings.
How much funding can be received?
Affordable Housing NOW Funds up to 80% of admissible expenses, capped at $250,000 per project.
Who is eligible for the Affordable Housing NOW program?
To be eligible for the Affordable Housing NOW program, you must:
The project must support affordable rental housing that is also eligible under a program of Canada’s National Housing Strategy.
The project must meet the minimum program requirements, including at least 5 units, residential use above 70% of gross floor area, and more than 30% of units rented below 80% of the median market rent.
Eligible projects include social housing, mixed market/affordable rental housing, supportive housing, and transitional housing.
What expenses are eligible under Affordable Housing NOW?
Social housing (rent-geared-to-income), mixed market/affordable rental housing, supportive housing, and transitional housing.
New construction.
Conversion of non-residential use to residential use.
Rehabilitation of former residential buildings currently vacant and uninhabitable.
Who can I contact for more information about the Affordable Housing NOW?
You can contact City of Winnipeg by email at affordablehousing@winnipeg.ca or by phone at none.
Where is the Affordable Housing NOW available?
The Affordable Housing NOW program is available the province of Manitoba.
Is the Affordable Housing NOW a grant, loan, or tax credit?
Affordable Housing NOW is a Grant and Funding