The Rental Housing Construction (RHC) Tax Credit is a new financial incentive offered to private and non-profit housing developers (including non-profit co-operatives) to address the persistent shortage of rental housing in Manitoba communities. Landlords who construct new rental housing are eligible and can offset a proportion of their capital investment through a tax credit equal to eight percent (8%) of the capital cost of new rental housing construction. To receive the tax credit, a minimum of ten percent (10%) of units constructed must have affordable rents.
Provides financial assistance to eligible homeowners to construct a secondary suite in the form of a forgivable loan for 50% of the total construction/renovation costs to a maximum of $35,000 per suite.
Provides private non-profit/co-operative housing organizations that prepare detailed proposals to develop and redevelop affordable housing for low-income households, persons with disabilities and seniors. The loan is intended to help reduce the costs of bringing a proposal to the financing stage.
Manitoba Housing recognizes that it is extremely important to make homes accessible to persons with mobility impairments. “Visitable Housing” or “Visitability” is the concept of designing and building homes with basic accessibility features. Visitable housing offers a convenient home for residents and a welcoming environment for visitors of all ages and abilities. It assists persons with mobility issues “visit” friends or families and be part of a community, which makes our communities more inclusive.
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