Province providing rent subsidies for Lions Place residents
Squires says Manitoba Housing is entering into a two-year rent supplement agreement with the new owner, an Alberta-based firm. She says this will ensure rents do not increase for any resident for the next two years while a new funding model is being developed.
The 287-unit home saw its federal and provincial funding dry up in 2018 after a 35-year operating agreement expired. Residents held a rally on January 19, voicing concerns over the possibility of rent increases with the sale.
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