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Cooperative Housing |
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| Description: | Various programs were established to provide low mortgage interest rates or funding contributions directly to the Non-Profit Cooperatives to assist low to moderate income co-op members with affordable housing charges. Co-op members purchase equity shares in the co-op and collectively become owners of the building and property. |
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| Coverage: | Individual Operating/Management Agreements between Manitoba Housing and the Non-Profit Cooperatives provides low mortgage interest rates or financial support towards the operations of each housing co-op. While each housing co-op offers a limited number of affordable housing charges, not all housing charges are subsidized under this program as it depends on the amount of subsidy disbursement and the ability to financially maintain viable cooperative communities. The delivery of affordable housing charges are determined as listed below :
OR OR OR |
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| Eligibility: | Housing accommodations are designed for independent living. Each housing co-op establishes its co-op membership and eligibility criteria. Housing charges and available subsidies may differ by each housing co-op. Applicants’ Program Income Limits determine client eligibility for affordable housing charges. |
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| Applying: | A variety of housing options for elderly persons, individuals with disabilities, and families is dependent on the availability of housing at time of application. Manitoba Housing does not accept housing applications under these programs. Each Non-Profit Cooperative in your community accepts applications to become a cooperative member. |
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| Area Served: | Manitoba ELDERLY PERSONS: Winnipeg and Rural FAMILIES: Winnipeg and Rural |
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| Hours: | Varies between each Non-Profit Cooperative |
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| Languages: | English, other languages may vary by each community. |
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| Fees: | The purchase of an equity share may be required to become a cooperative member. For details, contact the Non-Profit Cooperative in your community. |
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| Access: | Wheelchair accessibility varies by each cooperative housing community. |
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| Toll-free: | None |
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| Telephone: | Program Contact: 204-945-4661 |
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| E-mail: | portfolioadmin@gov.mb.ca |
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| Fax: | None |
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| Address: | Portfolio Management Branch Manitoba Housing 600 - 352 Donald Street Winnipeg MB R3B 2H8 View Map |
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