National Housing Co-Investment Fund
MNPHA hosted an educational session with CMHC on this funding stream. The power point slides from the session are available here. Or for more information you can contact Terry Wotton, CMHC’s Affordable Housing Specialist for Manitoba: [email protected]; 204-318-1772
CMHC – Seed Funding for Housing Development
The Seed Funding program supports affordable housing through interest-free loans and/or non-repayable contributions. There are two funding streams: one for new construction/conversions, and one to preserve existing community housing projects. Information is available here
Manitoba Hydro offers a number of financing and grant programs to increase energy efficiency for new or existing homes through the Affordable Energy Program. Loans and/or grants are available for insulation, heating system upgrades, and energy saving items. A list of the programs and eligibility is available here
Federation of Canadian Municipalities – Sustainable Affordable Housing
The Green Municipal Fund offers support throughout the life cycle of an affordable housing construction project through five funding options:
- Planning: Early support to assist eligible housing providers to get started on achieving more sustainable affordable housing initiatives
- Studies: Assess the approaches needed to implement an eligible energy efficient pilot or capital project in detail
- Pilot projects: Test out a new or innovative approach on a small scale
- Retrofit capital projects: Complete the renovation of existing housing units with the installation of energy efficient technologies
- New-build capital projects: Construct new homes that are highly energy efficient
Read the application guide for details.
Need help applying for the Sustainable Affordable Housing Fund? Contact The Community Housing Transformation Centre to reach their Regional Energy Coach
Community Housing Transformation Centre
The Community Housing Transformation Centre (The Centre) works with housing organizations across Canada to drive transformation, sustainability and growth in community housing. By working together, we can stabilize and grow the community housing sector to meet the needs of Canadians now and in the future.
There are two streams of funding available through The Centre:
- Sector Transformation Fund: non-repayable contributions that support the longer-term evolution of community housing providers’ business models. These models will be more efficient, resilient and effective without displacing low-income households.
- up to $50,000 per community housing project
- up to $150,000 may be available to community housing providers whose project demonstrates greater potential of achieving the National Housing Strategy’s priorities
- Community-based Tenant Initiative: provides contributions for community housing providers, organizations and tenant associations to support vulnerable tenants, especially those living in affordable and community housing.
Applications are open and intake dates are ongoing. Learn more here.
The Winnipeg Foundation
The Winnipeg Foundation has a number of granting programs for charitable organizations or partnerships, including Community Grants for:
- Children, Youth & Families
- Literacy, Education & Employment
- Health, Wellness & Recreation
- Environment & Animal Welfare
- Arts, Culture & Heritage
Manitoba is home to over 50 community foundations, which guide volunteer efforts and financial support to organizations like MNPHA’s members. Most community foundations require charitable status to access their funding, but many allow non-profits to partner with a charity when they have shared mandates. Find your local community foundation here
MB Community Grants program
Municipalities and local authorities such as planning districts and Northern Affairs Community Councils, non-profit organizations and charitable organizations
Planning activities; organizational capacity building; community or regional initiatives; community, culture or recreation capital infrastructure projects
Funding is available for up to 50 per cent of eligible expenses to a maximum of $75,000. Applications are due May 22 and December 15.
More information is available here
Elderly and Infirm Persons Housing License
The Elderly and Infirm Persons Housing Act provides school tax exempt status for units that meet specific size, tenant age, and rent-to-income ratio criteria. Most projects developed under operating agreements qualify for this program, and size guidelines were grandfathered; post-operating agreement, the age and rent-to-income ratio requirements still apply, though it can be for only a portion (100%, 75%, 50%, or 25%) of units. While units become exempt from the school tax, they are treated as “institutional” and move into a different municipal tax category. Download the application form here and MNPHA has created a template for calculating the tax changes associated with the License, you can download it as an excel document here.
The Jubilee Fund provides flexible financing in the form of loan guarantees and/or bridge financing for worthy projects who do not qualify for traditional financing. Visit http://www.jubileefund.ca/ for more info.
Assiniboine Credit Union
ACU offers flexible financing for non-profits and cooperatives through a dedicated Community Financial Centre. For more information, please visit: https://www.assiniboine.mb.ca/Business/Community-Financial-Centre/
Housing Investment Corporation
The Housing Investment Corporation provides long-term (30+ year), low-cost financing to affordable housing providers for development or redevelopment. Manitoba Housing is one of the founding partners, and Terry Kozak is the Manitoba contact. Reach him by e-mail here. Learn more on the Housing Investment Corporation website
First National Financial LP End of Operating Agreement Revitalization Program
The End of Operating Agreement (EOA) Revitalization Program provides low cost loans to housing providers at or near the end of their operating agreements. This program is aimed at those housing providers that have expired operating agreements, those planning for the end of their operating agreement or providers looking to payout their agreement early. Municipalities, non-profit housing providers, Co-op (excluding equity Co-op’s) or anyone with a current Section 95 and Section 26/27 or any housing provider in a federal or provincial operating agreement are also eligible for the program.
Information is available on First National LP’s website