The NRF provides annual contributions that make it possible for neighbourhood organizations to carry out projects that help achieve the goals of the neighbourhood plan. Neighbourhoods Alive! also provides core funding to the TNRC which supports its sustainability.
The Asset Building Program (ABP) offers money management training to low-income participants, which assists them in reaching their savings goals. These workshops can be delivered separately or as a series. Some of the topics include:
A program that helps low income individuals and families save for needed assets while building money management skills.
How does it work?
Participants receive $3 for every $1 they save. $250 saved within a period of 6 months qualifies for $750 of matching funds for a total of $1000 that is used to purchase an asset goal.
Participants can use their savings for the following goals:
Education or Training Courses
Registered Education Savings Plans
Am I eligible?
To qualify, applicants must…
live in Thompson
meet the program low income cut-offs (see below)
have a strong desire to improve your financial future
be willing and able to attend workshops
Applicants are not eligible if they, or someone in their household, has previously received matching funds from any Asset Building Program in Manitoba.
How do I apply?
Individuals can apply to the Matched Saving Programs at SEED by phoning 204-677-0760 and leaving their name and phone number after the voicemail prompt.
The Saving Circle program is run in partnership with the Assiniboine Credit Union and the United Way of Winnipeg.
Household Size Maximum Gross Household Income
1 person $18,712
2 persons $23,296
3 persons $28,639
4 persons $34,772
5 persons $39,437
6 persons $44,478
7 or more persons $49,520
Saving Circle 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 75% of LICO). Other factors besides LICO are also considered.