WINNIPEG – Landords who own derelict old buildings can get a new lease on them, thanks to a provincial program that will give them some repair money.
The Rental Housing Improvement Program will provide up to $24,000 per rental unit, to make repairs needed to bring the property up to proper levels of health and safety.
The Professional Property Managers Association of Manitoba’s Avrom Charach tells Winnipeg’s Morning News this sort of program has worked in the past.
“I know that the last time they did a really big RHIP program, that’s what this is called, there was a few landlords that took a lot of buildings that had the choice of either being condemned or brought up to standard, and started to bring them up to standard.”
Charach adds that the money to get that top level funding of $24,000, the building has to be in really bad shape.
“What we’re talking about here is gentrifying property. For example, the buildings that our company manages are fine so we’re not going to be eligible. You’re going to have to find something that’s below standard on plumbing or heating or electrical.”
The province says once the units have been fixed up, they have to be rented to lower-income tenants.
An information sessions for landlords is being held at the Elmwood-East Kildonan Active Living Centre tonight at 7 p.m.