Province providing rent subsidies for Lions Place residents – Winnipeg | 24CA News

After months of residents voicing issues over the sale of the Lions Place housing complicated and potential lease will increase, the province is stepping in to try to quell these worries.

Families Minister Rochelle Squires introduced the federal government, by way of Manitoba Housing, will present $1.2 million in lease subsidies for residents.

READ MORE: Residents at downtown Winnipeg seniors residence worry lease improve

Squires says Manitoba Housing is coming into right into a two-year lease complement settlement with the brand new proprietor, an Alberta-based agency. She says this may guarantee rents don’t improve for any resident for the following two years whereas a brand new funding mannequin is being developed.

The 287-unit residence noticed its federal and provincial funding dry up in 2018 after a 35-year working settlement expired.

Residents held a rally on January 19, voicing issues over the potential for lease will increase with the sale.