There are two cost components to living in OGHC.
1) The purchase of member shares.
2) Ongoing monthly occupancy charges.
Member share costs are based upon three factors:
1) The size of the unit the household will be occupying.
2) A proportionate share of the cost of the common areas.
3) Whether the Manitoba government has provided support for the purchase of the members shares.
Support for the purchase of member shares
The Manitoba government has made a forgivable loan of $2.1 million to the co-op. This funding will pay a portion of the member share for 34 households whose annual incomes fall below a specified amount and who meet for members who who meet Manitoba Housing income- and household-size criteria. These figures are adjusted annually. The table below shows three years of adjustments to the program income limits.
|Year||Household without children or dependents||Household with children or dependents|
You can find out more about Manitoba Housing income- and household-size criteria here.
OHGC has termed shares whose purchase is supported by Manitoba government funding “Affordable” shares. Shares that are not supported in this way are termed “Market” shares.
The table below shows member share costs based on the information available as of July 2016.
|Bedrooms||Market Shares||Affordable Shares|
|3-bedroom townhouse||Not available*||$28,000|
*The three-bedroom townhouse units and the four-bedroom units are reserved for members who who meet Manitoba Housing income- and household-size criteria.
As a policy decision, the OGHC has determined that monthly occupancy charges will not exceed the Manitoba Housing Affordable Housing Rental Program Rents. These rents are based on median market rents for similar units in the City of Winnipeg. (Half the market rents for apartments of comparable size are lower than the median, while the other half are higher.)
The following table shows the monthly occupancy charges based on the projected 2017 median market rents.
Monthly occupancy charges
|Bedrooms||Monthly Occupancy Charge|
More information about costs and shares are available in our Frequently Asked Questions.
Support for occupancy charges
The OGHC is negotiating an agreement with Manitoba Housing to ensure 12 units are available for households qualifying for the province’s rent supplement. Under this program, the provincial government would pay a portion of the member’s occupancy charge.
Households that qualify for this support must also comply with the Manitoba Housing policies setting out the number of bedrooms that are allowed per unit. These policies stipulate:
• not less than one and not more than two persons may occupy a single bedroom.
• parents and children do not use the same bedroom.
• single persons 18 and over have a separate bedroom.
• children five and over do not share a bedroom with another person of the opposite sex.
Further information on Manitoba Housing assistance and requirements can be found at: http://www.gov.mb.ca/housing/mh/progs/pil.html.