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Manitoba government to put up $10 million for new housing investment trust

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The money is being used to start an investment trust that would work to attract private-sector investors then build new housing or convert existing buildings into affordable units

The Manitoba government is putting up $10 million for a new fund aimed at getting more affordable housing units on the market.

The building projects could be run by non-profit groups, which could leverage more money from other government programs.

 

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