Manitoba Housing

Affordable Homes Program
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Affordable Homes Program

Manitoba Housing offers the Affordable Homes Program in select Manitoba communities, excluding urban centres where demand for rental housing currently exists.

The Program has two unique streams:

Eligible households

You may be eligible for financial assistance if:

  • You currently rent a home owned by Manitoba Housing in selected rural communities
    or
  • You would like to purchase a vacant home owned by Manitoba Housing in selected rural communities;

And

  • You do not currently own a home or other property.
  • You qualify for a mortgage from a financial institution.
  • Household income must not exceed the following limits:
    • $67,900 for a household without children*
    • $90,500 for a household with children or dependants*

      * Effective January, 2024
  • The home you purchase from Manitoba Housing will be your principal residence.

Available Financial Assistance

Down Payment Assistance

Qualified applicants will receive financial assistance from Manitoba Housing towards the down payment for the purchase price of the home. 

The down payment assistance has two components - one is 10 per cent of the purchase price and the other is 15 or 25 per cent of the purchase price.

  • The 10 per cent amount is forgivable on a pro-rata basis over five years. This means that for each year that you own and live in the home, one-fifth of the down payment assistance will be forgiven.  After five years, the loan amount will reduce to zero.

  • The 15 or 25 per cent amount is forgivable after 15 years of continuous ownership and occupancy of the property.  This means if you own and live in your home for 15 years or longer, you do not have to pay back the 15 or 25 per cent portion of the down payment assistance.

    • To qualify for the 25 per cent amount, applicants must meet the qualifications above, as well as the following:
      • Household income must not exceed $46,500*

        * Effective January 2024

Example
This example shows how the Affordable Homes Program works for a house priced at $60,000:

Purchase price:  $60,000
Down payment assistance from Manitoba Housing: 
                 10% contribution: $6,000  
                 15% contribution: $9,000  
Total value of down payment assistance available from Manitoba Housing $15,000

Mortgage amount required from Financial Institution		 _______
$45,000

Additional Assistance

In addition to the down payment assistance, qualified applicants are eligible for:

  • Land Transfer Tax and Fees - paid for by Manitoba Housing,
  • 1st Non-repayable grant – A grant of $1,500 is available to assist you with legal fees and other costs (second mortgage registration, home inspection, etc.).
  • 2nd Non-repayable grant – A grant of $1,000 is available to assist you with moving costs (Please note: this grant is only available to qualified applicants who purchase a vacant home owned by Manitoba Housing).
Important Notes
  • Under your mortgage agreement with the financial institution where you get your mortgage, you are responsible for all payments.
  • The amount of financial assistance you receive from Manitoba Housing depends on the purchase price of the home.

Ask Us

For more information contact us through the following:

  • Phone: 204-451-3960 or toll-free at 1-855-201-4624 outside of Winnipeg
  • E-mail: mbrealestateinquiries@gov.mb.ca
  • In Person:  Second Floor-352 Donald Street, Winnipeg, MB  R3B 2H8

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