Manitoba Commits $10 Million to Affordable Housing Trust

The new initiative aims to attract private investors and develop affordable housing projects across the province.

The Manitoba government has allocated $10 million to establish the Collaborative Housing Alliance Real Estate Investment Trust.
The trust will focus on building new affordable housing units and converting existing properties with the help of private-sector investors.
Non-profit organizations are expected to play a key role in executing housing projects, leveraging additional government funds.
The initiative plans to launch at least three housing projects within the next year as part of its initial phase.
Premier Wab Kinew emphasized the collaboration between public, private, and non-profit sectors to address the housing crisis in Manitoba.