Multi-year memorandum of understanding to create more affordable housing signedWINNIPEG - April 8, 2003 - Additional $17.5 million boosts total funding to $68.3 million.
More safe and affordable housing will result from the signing of a memorandum of understanding (MOU) between the Province of Manitoba and the City of Winnipeg under the Canada-Manitoba Affordable Housing Initiative (AHI), bringing total investments under the AHI in Manitoba to $68.3 million.
The MOU, which will see the city contribute $17.5 million over the next five years, was signed today by Drew Caldwell, Manitoba minister of family services and housing and minister responsible for the Manitoba Housing and Renewal Corporation, and Winnipeg Mayor Glen Murray. Through the AHI, Manitobans with low and moderate incomes will benefit from the creation of up to 2,500 new or renovated housing units, including about 1,700 units in Winnipeg.
"This new agreement represents another significant investment in Winnipeg's overall well-being," said Murray. "The city funds neighbourhood plans and supports citizen and community-led initiatives, house by house, block by block, and neighbourhood by neighbourhood. This federal, provincial and municipal investment in Winnipeg, of more than $50 million, will create more affordable housing and builds on the groundwork laid by the Winnipeg Housing and Homelessness Initiative."
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