On Tuesday, November 20th Jean-Yves Duclos, the federal minister responsible for housing, came to Winnipeg to make a very important announcement.
The federal government will spend $ 18 million to build a new 95-apartment affordable residential complex in Winnipeg.
All apartments will be rented for a fee, which is limited to 30 percent of the average household income in the area, the Canadian Mortgage and Housing Corporation said in a press release.
The six-story building will be built on Plessis Road in Transconne.
The project is a part of RCFi, a national initiative of the federal government to increase the number of affordable housing options for middle-class families who are not eligible for subsidized housing.