Skip to content
CMHC Home Canada Mortgage
and Housing Corporation
  • Sign In or Register
  • Français
  • MENU
MENU
× Français
  • Home
  • Professionals
    • Project funding and mortgage financing
      • Funding programs
        • Affordable Housing Fund
        • Affordable Housing Innovation Fund
        • Apartment Construction Loan Program
        • Canada Greener Affordable Housing
        • Community (social) housing
        • Federal Lands Initiative
        • Funding for Indigenous housing
        • Housing Supply Challenge
        • Innovation and research
        • National Housing Strategy Project Profiles
        • Rapid Housing Initiative
      • Mortgage Loan Insurance Products
        • Homeowner and Small Rental Mortgage Loan Insurance
          • CMHC Purchase
          • CMHC Improvement
          • CMHC Income Property
          • CMHC Refinance
          • CMHC Newcomers
          • CMHC Self-Employed
          • CMHC Portability
          • Eco Products for Lenders
        • Multi-Unit and Rental Housing
          • MLI Select
        • Default, claims and properties for sale
        • Underwriting centre
        • emili
        • NHA approved lenders
        • Calculating GDS / TDS
        • How to recognize and report mortgage fraud
        • Contact mortgage loan insurance
        • Insured Mortgage Purchase Program (IMPP)
      • Securitization
        • NHA Mortgage Backed Securities
        • Canada Mortgage Bonds
        • Canadian registered covered bonds
        • Blockchain in the housing industry
    • Housing markets, data and research
      • CMHC Reports Calendar
      • Housing markets
        • Housing market reports
        • Mortgage market and consumer reports
        • Fall 2024 Rental Market Report
      • Housing research
        • Consultations
          • Prohibition on the Purchase of Residential Property by Non-Canadians Act
            • Prohibition on the Purchase of Residential Property by Non-Canadians Act – Frequently asked questions
        • Housing research reports
        • Housing surveys
          • Mortgage consumer surveys
        • Research awards and scholarships
        • Understanding core housing need
        • Collaborative Housing Research Network
      • Housing data
        • Data tables
          • Household characteristics data
          • Housing market data
          • Mortgage and debt data
          • Rental market data
        • Housing market information portal
        • Residential Mortgage Industry Data Dashboard
        • CMHC licence agreement for the use of data
        • Housing Knowledge Centre
    • Industry innovation and leadership
      • Housing innovation
      • Our Partners
        • Partnerships
        • Federal, Provincial and Territorial Forum on Housing
      • Industry collaboration
        • Expert Community on Housing (ECoH)
      • Industry expertise
        • Affordable housing
        • Indigenous housing
        • Senior housing
        • Accessible and adaptable housing
        • Developing sustainable housing
        • Resources for mortgage professionals
        • CMHC newsletters
    • Events and speakers
      • Conferences
        • 2024 National Housing Conference
          • About
          • National Housing Conference - Agenda
          • Location
          • InnoZone
          • Details for participants
      • Speakers’ bureau
        • Kevin Hughes
  • Consumers
    • Buying a home
      • Homebuying calculators
        • Mortgage calculator
        • Affordability calculator
        • Debt service calculator
      • Buying guides
        • Homebuying step by step
        • CMHC's condominium buyer's guide
      • Mortgage loan insurance for consumers
        • What is CMHC mortgage loan insurance?
        • Do I qualify for mortgage loan insurance?
        • CMHC mortgage loan insurance costs
        • CMHC's Eco Products
          • CMHC’s Eco Improvement
          • CMHC Eco Plus
        • CMHC — home renovation financing options
        • FAQs — mortgage loan insurance
      • Incentives for homebuyers
      • Newcomers
      • The First-Time Home Buyer Incentive
    • Owning a home
      • Manage your mortgage
        • Mortgage fraud
        • Mortgage planning tips
        • Plan and manage your mortgage
        • Your credit report
        • Your home value
      • Aging in place
        • Housing options for Seniors
        • Housing and finance tips
        • Mortgage financing options for people 55+
        • Preventing fraud and financial abuse
    • Renting a home
      • I want to rent
        • Things to consider before renting
        • Types of housing for rent in Canada
        • Finding or advertising a rental property
        • Visiting the rental property
        • Lease and rental agreements
        • Signing the lease
        • Credit checks and bad credit
        • Rental payments and deposits
        • Roommates and pets
      • I am renting
        • Moving day
        • Landlord/Tenant responsibilities
        • Inspections
        • Maintenance and repairs
        • Complaints and evictions
        • Rent increases
        • When you can't pay rent
        • Renewing or terminating the lease
        • Moving out
      • One-Time Top-Up to the Canada Housing Benefit
      • COVID‑19: eviction bans and suspensions to support renters
  • About CMHC
    • CMHC’s goals, values and commitment to housing
    • Discover Life at CMHC
    • Management and governance
      • Speakers’ bureau
      • CMHC's Annual Public Meeting
      • CMHC’s board of directors and committees
      • Our management committee
      • Pension governance
        • Pension overview
        • Key roles and responsibilities
        • Annual reports
    • Corporate reporting
      • CMHC’s 2023 Annual Report
      • Program evaluation
      • Quarterly financial reports
      • Joint auditors special examination report to CMHC board 2018
      • CMHC’s Insured Mortgage Deferral
      • Corporate Plan Summary
      • Transparency
        • Access to information and privacy protection
        • Accessibility at CMHC
        • Accessibility feedback process
        • Briefing materials
        • Procurement
          • Vendor Diversity Program
        • Travel, hospitality and conference expenditures
    • Contact us
      • Contact mortgage loan insurance
      • Regional offices
      • Granville lsland
      • Indigenous and the North Housing Solutions
      • National office
      • Holiday service hours
  • Media Newsroom
  • National Housing Strategy
    • What is the strategy?
      • About the initiatives
      • How to apply
      • Help and resources
      • Priority areas for action
      • The National Housing Strategy Glossary of Common Terms
      • The Strategy in Action
    • Federal/Provincial/Territorial housing agreements
    • Other funding and financing opportunities
  • The Housing Observer
  • Canada’s Housing Podcast
  • Careers
  • Housing Knowledge Centre
 
  • Home
  • Media Newsroom
  • 763 new social and affordable housing units will be built, quickly, in Montréal
  • Save
  • Share
Save Icon

SAVE TO MY FOLDER

763 new social and affordable housing units will be built, quickly, in Montréal

SAVE
Close this Window   |   Manage my Folder
Save Icon

SAVE TO MY FOLDER

763 new social and affordable housing units will be built, quickly, in Montréal

Done Done!
Close this Window   |   Manage my Folder
Share icon

Share via

  • Facebook
  • LinkedIn
  • Mail
  • print
  • CopyLink

SuccessCopyLinkVersionLink copied

Share icon

Share via

  • Facebook
  • LinkedIn
  • Mail
  • print
  • CopyLink

SuccessCopyLinkVersionLink copied

share icon

Mail-blue Share via Email

Did You Know?

You can include an email signature?

Register | Sign In

×
Google Captcha Loader
share icon

Mail-blue Share via Email

Done Done!
Close this window

763 new social and affordable housing units will be built, quickly, in Montréal

Montréal, Quebec, April 12, 2024

The governments of Canada and Quebec are proud to announce that 763 new social and affordable housing units can be built, quickly, in Montréal thanks to funding for 12 new projects. These projects were selected during the Société d’habitation du Québec’s (SHQ) second call for projects under the Programme d’habitation abordable Québec (PHAQ).

These projects were made possible through the Canada – Quebec Agreement under the Housing Accelerator Fund (HAF), to which the Government of Canada has contributed $900 million. The Government of Quebec also added $900 million to that amount in the November 2023 economic update. The City of Montréal will also be a financial partner in the projects, as it must provide a contribution equivalent to at least 40% of the base grant from the SHQ.

The announcement was made by Soraya Martinez Ferrada, Minister of Tourism and Minister responsible for the Economic Development Agency of Canada for the Regions of Quebec, and Member of Parliament for Hochelaga; France-Élaine Duranceau, Quebec Minister Responsible for Housing, and Member of the National Assembly for Bertrand; Steven Guilbeault, Minister of the Environment and Climate Change, and Member of Parliament for Laurier – Sainte-Marie; Karine Boivin Roy, Member of the National Assembly for Anjou–Louis-Riel and Valérie Plante, Mayor of Montréal.

In response to the housing crisis, the governments of Canada and Quebec announced on February 16 that 2,574 new housing units are being built, quickly, across Quebec through 47 selected projects, including the ones announced today. To ensure that these projects launch quickly, their sponsors must sign an agreement with a contractor within 12 months of being selected to remain eligible for government funding.

Quotes:

“Everyone deserves a safe and affordable place to call home. Through the Canada – Quebec Agreement under the Housing Accelerator Fund, we’re building affordable housing, quickly, for those who need it most, throughout the country. Thanks to the projects announced today, more than 760 affordable housing units will soon be available for Quebecers. We know there’s still a lot to be done, and we’ll keep on working hard for the people of Montréal.”
— Soraya Martinez Ferrada, Minister of Tourism and Minister responsible for the Economic Development Agency of Canada for the Regions of Quebec, and Member of Parliament for Hochelaga
“Only a few months after signing a historic agreement with the Government of Canada, we’re already announcing the construction of additional housing under the Programme d’habitation abordable Québec. This good news for the Montréal area shows our firm commitment to building more affordable housing across Quebec. Every Quebecer deserves a home that meets their needs.”
— France-Élaine Duranceau, Quebec Minister Responsible for Housing, and Member of the National Assembly for Bertrand
“Thanks to the federal government’s leadership, we’re building more housing units, faster, for Montréalers. The addition of 763 new units is excellent news for Montréal. I would like to thank the many partners involved in bringing these affordable housing projects to fruition. This is a concrete example of what can be done when all levels of government work together to improve the well-being of families and individuals in our community.”
— Steven Guilbeault, Minister of Environment and Climate Change, and Member of Parliament for Laurier – Sainte-Marie
“Montréalers can count on our government to step up and take concrete action to tackle the housing crisis. Today’s announcement is the result of a joint effort by our federal partner, the City of Montréal, our local partners and, of course, the project developers who believe in the value of social and affordable housing as a vector for a better quality of life in our community.”
— Karine Boivin Roy, Member of the National Assembly for Anjou – Louis-Riel, and Temporary Chair
“This financing agreement will give nearly 800 households access to social or affordable housing in Montreal. These units will help preserve the city's affordability and the diversity of its neighborhoods, which are at the heart of its identity. I salute the collaboration of the governments of Quebec and Canada, which shows that when all levels of government work together, it works. Our administration has made the addressing the housing crisis a priority since day 1, and we will continue to innovate and support all initiatives to help all Montrealers find a home that meets their needs and their means.”
— Valérie Plante, Mayor of Montréal
“The addition of these 12 new social and affordable housing projects, totalling over 760 units, is another step in the right direction. The City of Montréal is once again demonstrating that it is working to support housing organizations, so that their projects can be carried out without delay. To achieve this, the city is working with all stakeholders. This financial support is yet another concrete step towards tackling the housing crisis.”
— Benoit Dorais, Vice-Chair of the City of Montréal executive committee, responsible for housing, real estate strategy, property valuation and legal affairs, and Mayor of the borough Le Sud-Ouest

Highlights:

  • Some of the households that move into these units could benefit from the Société d’habitation du Québec’s (SHQ) 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%).
  • To keep the other units affordable, a maintenance period for this assistance will be required. This period could last up to 35 years. Assistance rates will vary based on the term of the commitment. Rents may be indexed each year according to the percentages set by the Tribunal administratif du logement.
  • The Programme d’habitation abordable Québec (PHAQ) aims to engage all partners who can develop affordable housing projects. Co-operatives, nonprofits, housing bureaus and private-sector businesses can submit projects under the Program. The PHAQ also aims to accelerate residential construction, which is why its standards stipulate that projects must be started within 12 months of being selected. This period may be extended to 18 months in certain circumstances.
  • The Housing Accelerator Fund is a $4-billion Government of Canada initiative launched in March 2023 that includes $900 million for Quebec. Its goal is to accelerate the construction of 100,000 housing units across the country.
  • The Government of Quebec, as part of its fall 2023 economic update, also announced new investments of $900 million to accelerate housing construction.
  • On December 11, 2023, the Government of Quebec announced the first wave of 14 projects from the second PHAQ call for projects (in French only), representing 999 units in total. Two of these projects are located in the Montréal area.
  • The Government of Quebec is firmly committed to continuing its work to accelerate the construction of residential units in the province through the Act respecting land use planning and development and other provisions. Furthermore, the government will set up an interdepartmental project acceleration group in collaboration with Quebec municipal authorities, and it will also adopt new government directions on land use planning, including metrics for residential construction that municipalities will be required to use as a basis for setting targets. The government also intends to propose legislative amendments (which are being drafted and are subject to adoption by the National Assembly) aimed at improving urban densification, streamlining multi-unit construction approval and thus reducing the associated delays.

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.

Follow us on: Facebook, X (formerly Twitter), and LinkedIn.

About Canada Mortgage and Housing Corporation:

As Canada’s authority on housing, Canada Mortgage and Housing Corporation (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.

Project name Project developer Number of units Clientele
Gordon Société d’habitation et de développement de Montréal 89 Individuals and couples
Jardin des Prairies Société d’habitation et de développement de Montréal 32 Families and individuals
OMHM Saint-Antoine Office municipal d’habitation
de Montréal
151 Families
1993 Rosemont Maison St-Dominique 23 People living with mental health issues
Les Colocs de l’Ouest Les Colocs de l’Ouest 11 People living with an intellectual disability or autism spectrum disorder
Maison Lucien – L’Allier Phase 2 Maison Lucien-L’Allier 15 People living with mental health issues
Habitation 1370 Habitation 1370 38 Families and individuals
Coulée Grou Gérer son quartier 120 Families, individuals, independent seniors
Résidence Bienvenue Phase 2 Résidence Bienvenue 13 Young people living with mental health issues
Ricochet (Hébergement/Homes) Phase I Ricochet (Hébergement/Homes) 14 Youth experiencing homelessness
Loggia Beaubien/Saint-Michel Habitations communautaires Loggia 47 Families, individuals, people living with an intellectual or physical disability
Block 4 in Esplanade Cartier InterLoge Centre-Sud 210 Families and individuals

Sources:

Justine Vézina
Press Secretary to the Minister Responsible for Housing
justine.vezina@habitation.gouv.qc.ca

Micaal Ahmed
Office of the Minister of Housing, Infrastructure and Communities
micaal.ahmed@infc.gc.ca

For more information contact:

Media Relations
Société d’habitation du Québec
medias@shq.gouv.qc.ca

Media Relations
Canada Mortgage and Housing Corporation
media@cmhc-schl.gc.ca

Was this page relevant to your needs?

Thank you for your feedback!

How Can We Help?

Suggest an Improvement

Report a Bug

How Can We Help?

Suggest an Improvement

Please share your suggestion.

Google Captcha Loader

How Can We Help?

Report a Bug

Please describe the problem.

Google Captcha Loader

Thank you. Your feedback has been submitted.

Date Published: April 15, 2024

By Topic

  • Professionals
    • Project funding and mortgage financing
    • Housing markets data and research
    • Industry innovation and leadership
    • Events and speakers
  • Consumers
    • Home buying
    • Owning a home
    • Renting a home

About Us

  • CMHC's Story
  • Management and Governance
  • Our Partners
  • Corporate Reporting
  • Contact Us
  • Careers

More

  • CMHC Newsletters
  • CMHC Library
  • Housing Observer
  • Media Newsroom
  • CMHC and Accessible Housing
  • CMHC on Twitter
  • CMHC on LinkedIn
  • CMHC on Facebook
  • CMHC on Instagram
  • CMHC on YouTube
Privacy Policy    |    Terms and Conditions    |    Transparency    |    Accessibility Plan    |    Accessibility Feedback     Canada Mortgage and Housing Corporation (CMHC) ©2025 
Canada
loader icon