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Coming to Market: deeply affordable housing
4 minute read Updated: 6:41 PM CDTLow-income Winnipeggers could pay as little as $285 a month to enjoy a new studio apartment in the Exchange District, thanks to an investment aimed at supplying deeply affordable housing.
New funding for the $55-million Market Lands project will ensure roughly half its housing units are offered at rents geared to their tenants’ income levels.
“We will be providing an ongoing contribution to ensure that 48 of the 95 units are deeply affordable, rent-geared-to-income units. These social housing units are in addition to what we committed to in Budget 2024 … (one step toward) making possible our commitment to ending chronic homelessness in the next two terms,” said Housing Minister Bernadette Smith.
The province expects to spend about $575,000 per year to further reduce rents on units that were previously earmarked to be affordable, though the amount will fluctuate based on tenant income levels. The Manitoba government will also provide a “forgivable loan” of up to $1.8 million to help build the nine-storey, mixed-use Market Lands building.
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8 minute read Updated: 10:48 PM CDTWinnipeg women accused of smuggling cocaine over border face possible 40-year sentences
4 minute read 2:01 PM CDTTwo Winnipeg women accused of taking a brick of cocaine into Minnesota are facing charges that could put them behind bars in the United States for up to 40 years.
The allegations against Krystle De Leon, 39, and Sarah Sophia Rose, 32, were filed in Roseau County Court, where the women made their first court appearance Monday.
De Leon is charged with first-degree sale of at least 17 grams of cocaine within a 90-day period and first-degree possession of at least 50 grams of cocaine. The felonies carry maximum 40-year sentences.
Rose is charged with aiding and abetting first-degree sale and first-degree possession — which also have maximum 40-year sentences — as well as gross misdemeanor fifth-degree drug possession for a smaller amount of cocaine.
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Realtor has licence stripped after clients left in dark
5 minute read 6:54 PM CDTA Winnipeg real estate agent has been found guilty of professional misconduct and stripped of his licence after his “deceptive dealing” cost his clients money and forced them to scramble to find another agent.
Reginald Wayne Kehler reduced the sale price of a home without telling the homeowners, and failed to tell them until just two days before the sale was set to close that the prospective buyers, also his clients, had not come up with an agreed upon $100,000 deposit, according to a decision by the Manitoba Securities Commission released Thursday.
Kehler’s actions “bring into sharp focus the pitfalls that can arise from being both the listing and selling agent in a transaction,” the commission said in an 11-page ruling.
“If the sellers had been represented by their own agent, it is likely they would have been told at an earlier date that the deposit had not been paid and could have acted on that information,” the commission said. “Kehler tried to keep the transaction alive (a transaction in which he would receive the entire commission instead of sharing it with another agent), granting the buyer a series of extensions to the deadline for paying the deposit, instead of living up to his obligation to provide full disclosure to the sellers.”
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