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
      • The National Housing Strategy Glossary of Common Terms
    • Federal/Provincial/Territorial housing agreements
    • Other funding and financing opportunities
  • The Housing Observer
  • Canada’s Housing Podcast
  • Careers
  • Housing Knowledge Centre
 
  • Home
  • Media Newsroom
  • A partnership to quickly build 1,000 social and affordable housing units for independent seniors
  • Save
  • Share
Save Icon

SAVE TO MY FOLDER

A partnership to quickly build 1,000 social and affordable housing units for independent seniors

SAVE
Close this Window   |   Manage my Folder
Save Icon

SAVE TO MY FOLDER

A partnership to quickly build 1,000 social and affordable housing units for independent seniors

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

A partnership to quickly build 1,000 social and affordable housing units for independent seniors

Shawinigan, Quebec, February 26, 2024

Today, the governments of Canada and Quebec announced an innovative partnership with Mission Unitaînés to build 1,000 new social and affordable housing units for independent seniors over the next two years. Thanks to an investment of close to $235 million by both levels of government, ten 100-unit buildings will be built in ten cities across Quebec, including Shawinigan, where the announcement was made.

France-Élaine Duranceau, Quebec Minister Responsible for Housing, presented the partnership’s innovative nature and significant benefits to the media, along with the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry and Member of Parliament for Saint-Maurice–Champlain, Michel Angers, Mayor of Shawinigan, Caroline Sauriol, President and Chief Executive Officer of Mission Unitaînés, and Mario Plourde, Director of the Office municipal d’habitation de Shawinigan.

An innovative, multi-party partnership

The government funding is tied to the $900 million in federal funding provided to Quebec through the Canada-Quebec agreement under the Housing Accelerator Fund and the new $900-million investments announced by Quebec in its fall 2023 economic update.

The contribution of each municipality involved in one of the construction projects amounts to between $3 and $5 million, either in kind or in the form of a subsidy. This includes the transfer of land ready to build on, a three-year tax exemption starting on the transfer date of the land with the building and a building permit (or equivalent subsidies) and utility connections.

The charitable organization Mission Unitaînés will be responsible for designing and developing the ten buildings. At completion, the organization will provide the municipality, or a non-profit organization designated by the municipality, with a building ready for commissioning for a nominal fee and no mortgage. In addition, each building will have a $500,000 reserve fund from a philanthropic donation by Luc Maurice, Chair of the Board of Directors of Mission Unitaînés. Other partners will complement the funding with philanthropic contributions to enhance the residents’ quality of life.

Thanks in part to economies of scale and the partners’ expertise, this new model has the advantage of creating 1,000 units at a lower cost than the units the Société d’habitation du Québec (SHQ) is currently building in several Quebec regions. It also ensures that buildings will be debt-free.

Construction to start this summer in Shawinigan

The six-storey building to be built in Shawinigan represents a government investment of $23.5 million, in addition to the City of Shawinigan’s contribution, which is offering the land and a tax holiday, as well as a philanthropic donation to complete the financing package. Construction should start in July 2024 and be completed by spring 2026. Upon its completion, the Office municipal d’habitation de Shawinigan will manage the building and select the residents. The Office will also ensure maintenance of the building using the $500,000 reserve fund provided by Mission Unitaînés.

The building will include 74 one-bedroom units, 15 bachelor units and 11 two-bedroom units. Equipped with two elevators, sprinklers and a scooter parking area, it will also include a multi-purpose common room, an outdoor patio and landscaping to foster the socialization of residents. The rent will be set at about $595 for a bachelor unit and $900 for a two-bedroom unit.

Quotes:

“As I have often said, we need to innovate if we are to build more and better housing, especially given the current housing crisis. This collaboration with Mission Unitaînés is proof that our government is taking concrete action, together with our federal partner and the municipalities, to better house seniors in Quebec. I’m excited by this project, which mobilizes stakeholder expertise to very quickly build quality affordable housing. We are determined to deliver results through this partnership.”
— France-Élaine Duranceau, Quebec Minister Responsible for Housing and Member of the National Assembly for Bertrand
“The implementation of the Housing Accelerator Fund in Quebec paves the way for innovative solutions. The partnership between Mission Unitaînés and the municipalities receiving funding from the governments of Canada and Quebec will allow more units to be build, more quickly, to adequately house thousands of low- and moderate-income seniors.”
— The Honourable Sean Fraser, Minister of Housing, Infrastructure and Communities
“Through partnership projects like the one with Mission Unitaînés, we are innovating to increase housing supply. Today we are celebrating not only the upcoming construction of 100 units in Shawinigan, but the creation of a thousand units across the province as well. This is what we can achieve when we work together. We are continuing to deliver for Quebecers by taking concrete actions that make a real difference.”
— The Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry and Member of Parliament for Saint-Maurice–Champlain
“We are happy today to take part in this announcement and the affordable housing construction project for seniors in our city. The municipal council’s priority is to help face the housing crisis challenge and promote active aging. More than a roof over our seniors’ head, this project is the council’s commitment toward them and a concrete step to achieving these objectives. I want to thank Mission Unitaînés for selecting Shawinigan to construct one of their buildings. Thank you for contributing to the well-being of our residents.”
— Michel Angers, Mayor of Shawinigan
“This meaningful project is in line with the mission I’ve set myself to help our society age better so that it feels safer, freer, happier and less isolated. Twenty-five years of working intensively to build and develop housing for seniors’ has given me a good understanding of their needs and solid expertise in the design, construction and management of state-of-the-art retirement homes. It’s this expertise that I now want to put at the service of less affluent seniors. I’m also very grateful to those who have contributed to making this wonderful challenge a reality so quickly.”
— Luc Maurice, Chair of the Board of Directors of Mission Unitaînés
“This exciting project mobilizes institutions and professionals from varying sectors who are pooling their strengths and expertise in order to quickly provide quality housing to low-income seniors who really need it. Thanks to the leadership and generosity of the three levels of government and of Luc Maurice and other philanthropists, this project will be carried out with agility and have significant impacts in the communities involved.”
— Caroline Sauriol, President and Chief Executive Officer of Mission Unitaînés
“At the Office municipal d’habitation de Shawinigan, we are extremely pleased to partner with the Société d’habitation du Québec, the City of Shawinigan and Mission Unitaînés in this innovative and mobilizing project. This is an extraordinary project for our city that will allow our seniors to live in a safe environment and thrive in their community.”
— Mario Plourde, Director of the Office municipal d’habitation de Shawinigan

Quick facts:

  • Seniors who settle in these units and are eligible will benefit from the SHQ’s Rent Supplement Program, which would ensure that they do not spend more than 25% of their income on housing. This additional assistance is covered by the SHQ (90%) and the city where the project is located (10%).
  • The financial model was designed to offer long-term housing units where the rent will be equivalent to 25% of the residents’ income. The average rent is set at $595 per month for a one-bedroom apartment with heating, electricity and Wi-Fi included. Rent increases will be limited by agreements with the SHQ to maintain affordability in the years to come.

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.

SocietehabitationQuebec
HabitationSHQ
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 that they can afford and that meets their needs. For more information, follow us on Twitter, Instagram, YouTube, LinkedIn and Facebook.

Information on this news release:

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

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: February 26, 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