Manitoba Housing

Manitoba Housing logo RENTAL HOUSING CONSTRUCTION
TAX CREDIT

Rental Housing Construction Tax Credit Description

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.

For more information about the program please read the Rental Housing Construction Tax Credit Program Guidelines.

Rental Housing Construction Tax Credit Benefits

  • The Rental Housing Construction tax credit is equal to eight percent (8%) of the capital cost of the rental housing project, to a maximum of $12,000 per residential unit.
  • A “residential unit” means a residential dwelling unit that has its own keyed entry door, contains a bathroom and a kitchen or kitchenette and is usually rented or leased for a period of not less than one month.
  • RHC tax credit will be claimable by filing an income tax return with the Canada Revenue Agency.
  • Eligible projects will receive the RHC tax credit when they become available for rent and have met the affordable housing criteria.
  • Eligible non-profit and non-profit co-operative projects will receive a fully refundable tax credit in the year the tax credit is earned, as qualifying units are rented.
  • Eligible for-profit projects will receive a non-refundable tax credit, claimable over a minimum of five (5) years and capped based on the landlord’s Manitoba income tax.

Eligibility

  • Landlords must be residents of Manitoba or have a permanent business in Manitoba.
  • Housing can be either for-profit, not-for-profit, or non-profit housing co-operatives.
  • Projects must include the construction of five (5) or more new residential rental units.

Other Requirements

  • At least ten percent (10%) of the units in an eligible project must be affordable housing. This means that the rents charged are at or below the Affordable Rents for the current year and the tenants meet the Program Income Limits.
  • Landlords will be required to report on their affordable units annually for five years.

How to Apply

  1. Read the Rental Housing Construction Tax Credit Program Guidelines (PDF)
  2. Prior to the submission of an Application for a Certificate of Eligibility, the Landlord may request from Manitoba Housing, a letter of initial eligibility for the Rental Housing Tax Credit by completing the Rental Housing Construction Tax Credit Preliminary application. (PDF)

  3. Download and complete the following forms:

    Rental Housing Construction Tax Credit Certificate of Eligibility Application (PDF)

    Rental Housing Construction Capital Costs Estimate Appendix C (PDF)

    Rental Housing Construction Tenant Declaration Appendix D (PDF)

  4. Submit completed applications to:
  5. Manitoba Housing
    Housing Delivery Branch (Rental Housing Construction Tax Credit)
    Room 200 – 352 Donald Street
    Winnipeg, Manitoba
    R3B 2H8

  6. For detailed information on the program please contact us at:

    Telephone: (204) 945-5566 or
    Toll Free at: 1-866-689-5566 or
    via e-mail at housing@gov.mb.ca.



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