Inner City Homebuyer Program

Making home ownership a reality for families living on a low income.

How does it work?

The Inner City Homebuyer program helps low-income earning families to save towards a down payment and closing costs for a home within a Neighbourhoods Alive! designated area. Participants will be matched 1:1, up to $7000, and have 3 years to purchase a home.

We are looking for families who:

  • Are willing to purchase a home or condo under $250,000 in a designated area
  • Have a difficult time saving for a down payment and closing costs on their own
  • Will qualify for a mortgage from a bank or credit union within program timelines
  • Would have a greatly improved housing situation by owning a home
  • Meet the low income qualifications (see income chart below)
  • Are able to attend 8 home buying classes on Tuesday evenings beginning in September and 2 one-to-one sessions
  • Do not currently own a home, or are not participating in another home ownership program

Spots are limited for this program. Priority will be given to graduates of the Saving Circle or IDA programs.

Eligible areas

How do I apply?

Attend an upcoming information session at SEED. There are 2 dates available:

  • Monday, May 27th at 6:00PM
  • Monday, June 3rd at 6:00PM

Call 204-927-9935 to register. Child minding is available, if needed.

Low Income Qualification Chart

Household Size Maximum Gross Household Income
1 person $25,338
2 persons $31,544
3 persons $38,780
4 persons $47,084
5 persons $53,402
6 persons $60,228
7 or more persons $67,055

SEED Winnipeg looks at household income to help determine eligibility for our programs. We use Statistics Canada’s Low-Income Cut-Off (LICO) as a guide (we use 100% of LICO). Other factors besides LICO are also considered.