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The governments of Canada and Quebec, the City of Laval and the Fonds de solidarité FTQ are proud to officially open Le 605, a 101-unit affordable housing project that will welcome families and individuals from diverse cultural backgrounds. This social and cultural diversity project, led by the Société de gestion Querbes, which will manage it, was carried out under the Fonds de solidarité FTQ – Government of Quebec Agreement.
The $45.5 million financial package includes $20 million in investments from the Government of Canada through the Affordable Housing Fund and $17.6 million from the Government of Quebec through its partnership with the Fonds de solidarité FTQ to create 2,278 affordable housing units in Quebec. The City of Laval has invested $7 million in the project.
The six-storey building is located at 605 Curé-Labelle Boulevard in Laval and offers bachelor apartments as well as one-, two- and three-bedroom apartments. This safe, inclusive and welcoming living environment will promote the independence, stability and integration of residents in a socially and culturally diverse setting.
Toward the creation of 2,278 social and affordable housing units
Under the innovative partnership between the Government of Quebec and the Fonds de solidarité FTQ, 2,278 new social and affordable housing units are to be built by 2027. Most of the projects are new constructions, but the roadmap also includes, to a lesser extent, acquisitions of existing buildings for the purpose of renovating them and maintaining rent affordability.
Quotes:
“Through our investments in affordable housing, our government is supporting those who need it most, here in Laval and across the country. We are committed to building strong communities through initiatives like this one.”
“Since taking office, I have been pleased to see that the measures implemented by our government are making a real difference in improving the housing supply. This is the case with our collaboration with the Fonds de solidarité FTQ, which enables us to take rapid, concrete action, in partnership with municipalities and housing organizations, to better house Quebecers with low or moderate incomes. Le 605 serves as a compelling example, as it will provide an inclusive and safe living environment for people from diverse cultural backgrounds.”
“Our government is committed to helping communities strengthen their capacity to develop local solutions to housing needs and homelessness. This housing project will provide more safe and affordable housing for some of Laval’s most vulnerable residents. It’s also another step toward building an economy that works for everyone.”
“I enthusiastically welcome these 101 new housing units in our beautiful region. This is a promising project that improves access to affordable housing for families and individuals, while fostering the social and cultural diversity that is essential to the vitality of our community.”
“The housing crisis affects many people, especially the most vulnerable. I am proud of the efforts we are making in Laval to provide accessible and welcoming living environments. There is still work to be done to ensure our city remains within everyone’s reach, and today’s inauguration represents a concrete step in that direction.”
“Our commitment to creating sustainable social and affordable housing continues. By financing these projects led by organizations rooted in their communities, we reaffirm our determination to build inclusive and sustainable communities — because every household deserves a decent home and a living environment adapted to its needs.”
“Thanks to the support of the Government of Canada, the Government of Quebec, the Fonds de solidarité FTQ, and the City of Laval, this major project was made possible for the benefit of Laval families with low and moderate incomes. This project is the result of commitment and partnership between government bodies and the community sector.”
Highlight:
- Sixty-five of the 101 households could benefit from the Société d’habitation du Québec’s Rent Supplement Program. If eligible, tenants could spend no more than 25% of their income on rent. This additional assistance is covered by the SHQ (90%) and the City of Laval (10%).
About Canada Mortgage and Housing Corporation:
Visit canada.ca/housing for the most-requested Government of Canada housing information.
CMHC plays a critical role as a national facilitator to promote stability and sustainability in Canada’s housing finance system. Its mortgage insurance products support access to homeownership and the creation and maintenance of rental supply. In addition, CMHC actively supports the Government of Canada in delivering on its commitment to make housing more affordable. CMHC research and data help inform housing policy. By facilitating cooperation between all levels of government, private and non-profit sectors, it contributes to advancing housing affordability, equity and climate compatibility. Follow us on X, YouTube, LinkedIn, Facebook and Instagram.
About the Société d’habitation du Québec:
The SHQ works to meet the housing needs of Quebecers, including by increasing housing supply throughout the province for people with low or moderate incomes and for those with special needs. It supports its partners in the fields of construction and renovation, property management and home adaptation. It also provides direct financial assistance to low-income households so that they can pay their rent.
To find out more about its activities, visit www.habitation.gouv.qc.ca/english.html.
Follow us on: Société d’habitation du Québec on Facebook, Société d’habitation du Québec on X (formerly Twitter), and Société d’habitation du Québec on LinkedIn.
About the Fonds immobilier de solidarité FTQ:
The Fonds immobilier de solidarité FTQ helps drive economic development in Quebec by partnering with industry leaders to strategically invest in profitable real estate projects. It supports the startup of projects in the residential, office, commercial, institutional and industrial sectors and prioritizes a sustainable development approach. As of June 30, 2025, the Fonds immobilier de solidarité FTQ had 26 real estate projects under development or construction worth $4.1 billion, 84 operating assets totalling 6,412 residential rental units, and 5 million square feet of industrial land to be developed. The Fonds immobilier is a member of Bâtiment durable Québec.
Sources:
Emmanuella S. Proulx
Press Secretary to the Quebec Minister Responsible for Housing and
Minister Responsible for the Status of Women
emmanuella.proulx@habitation.qc.ca
Renée LeBlanc Proctor
Office of the Minister of Housing and Infrastructure
renee.proctor@infc.gc.ca
Information:
Media Relations
Société d’habitation du Québec
medias@shq.gouv.qc.ca
Media Relations
Canada Mortgage and Housing Corporation
media@cmhc-schl.gc.ca
Josée Lagacé
Fonds immobilier de solidarité FTQ
jlagace@fondsimmobilierftq.com
