Homeowners in Neepawa, Manitoba, are seeing an increase in the Homeowners Affordability Tax Credit, which has been raised to a maximum of $1,600 for the 2026 tax year. The Manitoba Government introduced this change as part of its ongoing effort to provide property tax relief directly to those living in their own homes.
The Town of Neepawa announced the update on March 23, 2026. For most residents who already received the credit in 2025, no action is required, as their principal residence declaration will automatically carry forward. However, new property owners must declare their principal residence with the municipality by April 15, 2026, to receive the credit as an advance on their property tax statement.
This tax credit, which first replaced the previous school tax rebate and education property tax credit system in 2025, applies exclusively to a taxpayer’s principal residence. It does not cover secondary properties, such as cottages, rental units, or commercial buildings. The final amount of the credit is calculated as the lesser of $1,600 or the total gross school taxes owed on the property.
The increase was part of the provincial plan detailed in the 2026 budget, which was tabled by Finance Minister Adrien Sala on March 24, 2026. Looking ahead to 2027, the province plans to increase the maximum credit to $1,700, though adjustments will be made for high-value homes. Properties assessed over $1,000,000 will see a reduction in benefits, and those valued at $1,500,000 or higher will no longer be eligible for the credit.
