Housing Accelerator Fund Capital Grant Incentive

The City of Winnipeg’s Housing Accelerator Fund Capital Grant Incentive program provides grants directly to developers to create more housing.

This funding program has focused on affordable housing projects and projects in downtown Winnipeg. 

A total of $25 million was awarded to 11 projects in the first round of funding. A second round of funding was announced in February 2025, awarding an additional $25 million to 12 projects. 

The awarded projects through both rounds of the program are expected to create a total of 2,553 new housing units. Of those new units, 1,230 will be affordable units.

The City is also in ongoing discussions with other funding partners, such as Province of Manitoba and End Homelessness Winnipeg, to ensure alignment and maximize program impact.

Funding

Market Lands North Tower Project Inc.

Market Lands North Tower

The Market Lands North Tower will provide 128 mixed-income housing units, including affordable options tailored for Indigenous peoples, newcomers, women with children, and young people.

North End Women's Centre

390 & 394 Selkirk Ave.

This project will introduce a much-needed transitional housing component to the North End Women's Centre Selkirk Ave. facility, providing eight units of rent geared to income housing with immediate, on-site access to critical services, resources, and programming.

Village Canadien Co-op Ltee

1680 St. Mary's Rd.

This project proposes to add 82 new units to the non-profit housing co-operative that has existed on the site for 48 years. It is planned that 30 percent of the additional units will be affordable.

Main Street Project Inc.

637 Main St.

With 111 units, all of which are rent geared to income, this project aims to address homelessness in the community by transforming Main Street Project's existing emergency shelter into a multi-purpose facility with affordable housing, communal spaces, and on-site support services.  

Space 2 Developers

138 Portage Ave. East

This heritage property conversion east of Portage and Main proposes to redevelop the historic 105-year-old Keewayden building, transforming it into a 117-unit apartment building for over 300 new downtown residents.

Living Gospel Church Inc.

520 William Ave.

Living Gospel Church Inc., a Black-led non-profit, will build 33 housing units, including 17 affordable units, prioritizing Black Canadians and newcomers.

Brokenhead Ojibway Nation Development Corp.

269 River Ave.

The proponent is building a 144-unit apartment with 58 units rented at affordable rates, with priority given to members of Brokenhead Ojibway First Nation and other First Nations community members.

Selam Housing

507 Elgin Ave.

This Black-led project will provide 32 units of rent geared to income housing with a focus on supporting Black residents who have been in Winnipeg for an extended period of time and also those are arriving through refugee sponsorships.

Veritas Development Group Ltd.

120 & 128 James Ave.

This heritage property conversion in the heart of the Exchange District includes a new four-storey addition on top of 128 James Ave. and a new 10 storey building at 120 James Ave., adding 87 new units in total.

Southern Chiefs Organization Reconciliation Foundation Inc.

Wehwehneh Bahgahkinahgohn

This Indigenous-led project is transforming the former Hudson’s Bay building into a mix of uses that will include 362 residential units, including 200 that will be affordable.

The Forks Renewal Corporation

Railside at the Forks Parcel 9

Led by The Forks Renewal Corporation, this Railside project will deliver 91 housing units, with 41 percent designated as affordable, including 28 rent-geared-to-income units.

True North Real Estate Development

Portage Place

This project will redevelop Portage Place Shopping Centre, adding 200 new housing units, up to 40 percent of which will be affordable.

Longboat

530 St. Mary Ave. & 252 Good St.

The new 165-unit, privately owned development will provide 50 units of affordable housing, 1,780 square feet of commercial space, and aims to be accessible for every ability.

Manitoba Inuit Association

Our Safe Space

This project will have 15 transitional housing units for Inuit women and women with children who are escaping gender-based violence. The facility will be the first housing initiative lead and operated by Inuit to serve Inuit within Manitoba.

Market Lands Inc.

Market Lands North Mixed-Use

This new mixed-use development will provide 128 mixed-income housing units, including 48 deeply affordable units, a large commercial space, and a daycare with a dedicated play area.

MRH Properties

346 Pacific Ave.

This new, privately-owned development will convert a downtown surface parking lot into 128 units of housing, including 38 affordable units.

Ndinawemaaganag Endaawaad

Endaaying (Our Home)

This new 23-unit transitional housing development in Winnipeg’s North End will provide housing with wrap-around supports for Indigenous youth.

Shoal Lake 40 First Nation

2675 Portage Ave.

This new development will provide 150 units of housing, over 40% of which will be a mix of affordable one, two, and three-bedroom units. This building will be open to the public offering safe, affordable housing for all residents, including Shoal Lake 40 First Nation community members wishing to live, study, and work in Winnipeg.

University of Winnipeg Community Renewal Corporation

Second-Stage GBV Transitional Housing Project

A new, 15-unit, transitional housing development for Indigenous and Newcomer women, Two Spirit, trans, and non-binary people, and their dependents who have experienced gender-based violence (GBV). Wrap-around support services to be provided by Family Dynamics, Ikwe Widdjiitiwin, and New Journey Housing.

UWCRC 2.0 Inc. & 10162513 Manitoba Ltd.

440 Edmonton St.

This project will convert a vacant 13-story commercial building into a residential complex with 180 new transitional, social, and affordable housing units.

Westgate Developments Ltd and LVDC Holdings Ltd

125 Garry St.

This privately-owned development will convert a largely vacant commercial building into a mixed-use apartment with a commercial ground floor and 126 units of housing, including 32 affordable units.

Winnipeg Chinatown Development Corporation

228 King St. & 261 Princess St.

This new, 54-unit apartment in the heart of Chinatown will include a daycare space, 14 affordable units, and 15 units that are rent geared to income.

Winnipeg Housing Rehabilitation Corporation

145 Transcona Blvd.

This new development will provide 154 units designed to house families and people with disabilities currently experiencing homelessness or at risk of homelessness. Forty-six percent of units will be deeply affordable, and an additional 31 units will be rent geared to income designated for vulnerable populations.

Questions?

Contact us and we will be happy to connect with you.

Email: HAF@winnipeg.ca

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