Press Release
November 22, 2024
Today the federal government, the City of Winnipeg, and Paragon Living in partnership with Roseau River Anishinaabe First Nation Trust announced a combined investment of $38.5 million in funding for 95 new homes in Winnipeg.
The Chancellor, located at 939 Chancellor Drive in Winnipeg, will be a 7-storey building with 1-bedroom, 2-bedroom and 3-bedroom apartments. It will feature a mix of heated underground and surface parking, an outdoor common patio space and a residents lounge and multipurpose room for small events. Most units will have a balcony, and all will have in-suite laundry as well as included water and high-speed internet. 38 of the 95 units will be affordable with rents below 70% of the Median Market Rent.
The affordable apartments will be open to Roseau River Anishinaabe First Nation membership first before being made available to the general public. Construction began in Summer 2024 and is expected to be completed within 18 months.
Total funding for this project is as follows:
Quotes:
“Everyone deserves an affordable place to call home in their own community. Today’s investment for The Chancellor is delivering just that, adding 95 more homes for Roseau River Anishinaabe First Nations residents and more. This is how the National Housing Strategy is working with organizations and communities to provide more safe and affordable housing across Manitoba.”— Terry Duguid, Member for Winnipeg South on behalf of The Honourable Sean Fraser, Minister of Housing Infrastructure and Communities
“This is good news for south Pembina, because we need more housing for the university area. This development is exactly what we need: it provides a mix of rents, different sizes of suites and will become part of an already vibrant area with restaurants, shops and recreational facilities.”— Janice Lukes, Councillor, Waverley West Ward
“We’re excited to invest in this building to build a brighter future for Roseau River university students, seniors and others who wish to live in Winnipeg. We envision a building that is a welcome home for members of the general public as well and feel this kind of development is an exemplary way to move reconciliation forward in a positive way that benefits everyone.”— Gary Roberts, Chief of Roseau River Anishinaabe First Nation
“939 Chancellor exemplifies the success of cross-sectoral collaboration in delivering premium multi-family housing options for all Manitobans. We are proud to construct buildings with high-end finishes that also prioritize affordability and Indigenous reconciliation.”— Nigel Furgus, CEO, Paragon Living
Quick facts:
Additional information:
Visit Canada.ca/housing for the most requested Government of Canada housing information.
As Canada’s authority on housing, CMHC contributes to the stability of the housing market and financial system, provides support for Canadians in housing need, and offers unbiased housing research and advice to all levels of Canadian government, consumers and the housing industry. CMHC’s aim is that everyone in Canada has a home they can afford and that meets their needs. For more information, follow us on X, Instagram, YouTube, LinkedIn and Facebook.
To find out more about the National Housing Strategy, visit: www.placetocallhome.ca.
For information on this news release contact:
Sofia Ouslis
Office of the Minister of Housing, Infrastructure and Communities
Sofia.Ouslis@infc.gc.ca
Media Relations
Canada Mortgage and Housing Corporation
media@cmhc-schl.gc.ca
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