MONTRÉAL, Oct. 18,
2024 /CNW/ - The Government of Canada, the Government of Quebec, the City of Montréal, Bâtir son
quartier and their partners are proud to announce that nine social
and affordable housing projects are being built or have officially
opened in Montréal. With these projects, nearly 900 households can
find new homes.
Coordinated by the community real estate developer Bâtir son
quartier, these projects, either underway or already completed,
total 893 units. This represents an investment of nearly
$340 million by the 3 levels of
government. Rent for the units will be kept affordable in the long
term, increasing more slowly and in smaller increments than
private-market rents.
Details of financial contributions
- Government of Canada:
$57.7 million
- Government of Quebec:
$228.7 million
- City of Montréal: $52.8
million
Note that more than half of the 893 households in the units
announced today could be eligible for the Société d'habitation
du Québec's (SHQ's) Rent Supplement Program, ensuring that
they spend no more than 25% of their income on housing. This
additional assistance is covered by the SHQ (90%) and the City
of Montréal (10%).
About the projects
- Habitation Héritage de Pointe-Saint-Charles
- Coopérative d'habitation de la Pointe Amicale
- Résidence LoReli
- Habitations Libr'Elles
- Logifem
- Maison des RebElles
- Coopérative d'habitation le Trapèze
- Espace la Traversée-SSA
- Coopérative d'habitation Laurentienne
- Loge-Accès OSHA phase 7
- Maison Glaneuses
View the map of projects announced today
View projects (+PDF)
QUOTES
"I've often said that we need to innovate to build more and
better housing, especially given the current housing crisis. This
collaboration with Bâtir son quartier and its partners is further
proof that our government is taking concrete action, alongside
municipalities and community stakeholders, to better house
Quebecers with low or moderate incomes. We continue to innovate and
propose new solutions to build more, faster and better."
- France-Élaine Duranceau,
Quebec Minister Responsible for
Housing
"Our government is proud to support the construction of these
nine new affordable housing projects. These are excellent
initiatives to help address Southwest Montréal's needs and those of
the entire Island of Montréal. I would like to thank the partners
involved in these important projects for our community. They've
made a big difference in the day-to-day lives of the people who
live there. Together, we're building a generation of new housing we
can all be proud of."
- The Honourable Mélanie Joly,
Minister of Foreign Affairs and Member of Parliament for
Ahuntsic-Cartierville
"What a wonderful announcement we're making today for people in
Montréal and throughout the Greater Montréal area! I'm proud to see
that our government is doing whatever it takes to make sure
everyone has a safe and affordable place to live."
- Christine Fréchette, Quebec
Minister Responsible for the Metropolis and the Montréal region
"The City of Montréal, together with the other levels of
government, developers and community housing organizations, is
committed to doing everything in its power to create new off-market
housing units. The new Loger + strategy proves it. With
measures like priority land transfer for off-market housing, the
adoption of a 120-day administrative standard for issuing permits
for as-of-right projects, and the three-year, $3 million fund
I set up to cover project startup costs, Montréal is taking action
to make things happen."
- Valérie Plante, Mayor of Montréal
"The diversity of the projects presented today clearly
demonstrates the community housing sector's ability to meet the
needs of Montréal households. Housing co-operatives, new resources
for people experiencing homelessness, housing for low-income
families, seniors and women — it all gives people a chance to find
long-term, supportive and inclusive places they can afford to live
in. With financial support from the Government of Canada, the Government of Quebec and the City of Montréal, our team is
working closely with co-operatives, non-profits and all our
partners to complete these life-changing real estate projects."
- Edith Cyr, Executive Director, Bâtir son quartier
About Canada Mortgage and Housing Corporation
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 by 2030, everyone in Canada has a home they can afford, and that
meets their needs. For more information, follow us
on Twitter, Instagram, YouTube, LinkedIn and
Facebook.
About the Société d'habitation du Québec
As a
leader in housing, the SHQ's mission is to meet the housing needs
of Quebecers through its expertise and services to citizens. It
does this by providing affordable and low-rental housing and
offering a range of assistance programs to support the
construction, renovation and adaptation of homes, and access to
homeownership.
To find out more about its activities, visit
www.habitation.gouv.qc.ca/english.html.
About Bâtir son quartier
Bâtir son Quartier is a
social economy enterprise that coordinates the delivery of housing
and community real estate projects. Since 1976, Bâtir son quartier
has coordinated the delivery of 470 co-operative and non-profit
projects with a total of nearly 16,000 housing units in the Greater
Montréal area, as well as about 40 non-residential projects
including early childhood centres, community centres and facilities
for social economy enterprises.www.batirsonquartier.com
SOURCE Canada Mortgage and Housing Corporation (CMHC)