Inner City Homebuyer Program

2020 applications are open now!

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 3 years
  • Would have a greatly improved housing situation by owning a home
  • Meet the low income qualifications (see income chart below)
  • Are able to attend home buying workshops and one-on-one meetings over Zoom.
  • 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?

Please contact SEED Winnipeg for more information about applying for this program.

Low Income Qualification Chart

Household Size Maximum Gross Household Income
1 person $25,921
2 persons $32,270
3 persons $39,672
4 persons $48,167
5 persons $54,630
6 persons $61,613
7 or more persons $68,598

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.