Done!
Link copied
Share via Email
The governments of Quebec and Canada, the City of Rivière-du-Loup and developer C4 Immobilier today officially opened Complexe Fraser, a building offering 81 units of affordable housing for families and individuals in Rivière-du-Loup. The project represents an investment of more than $24 million.
The event was attended by France-Élaine Duranceau, Quebec Minister Responsible for Housing; Amélie Dionne, Member of the National Assembly for Rivière-du-Loup–Témiscouata–Les Basques; and Mario Bastille, Mayor of Rivière-du-Loup.
The Government of Quebec contributed a total of slightly more than $13 million to the project through the Société d’habitation du Québec’s (SHQ) Programme d’habitation abordable Québec. The SHQ is also securing the developer’s mortgage loan.
Government contributions to this project are being made possible thanks to the Canada-Quebec agreement under the Housing Accelerator Fund (HAF) and new investments to which the governments of Canada and Quebec each contributed $992 million.
The City of Rivière-du-Loup also contributed $5.2 million by providing the land as well as a tax credit for a period of up to 35 years.
Quotes:
“Our government is determined to step up. We need to build more and faster to meet the pressing housing needs of Quebecers. The financial contribution we have made to this project has been essential and proves that our investments in the creation of affordable housing are reaching all regions of the province.”
“The new federal government is determined to support the provinces and municipalities in finding local solutions to housing challenges. This project will provide a rapid response to the urgent housing needs of people living in Quebec.”
“Complexe Fraser is an important project for Rivière-du-Loup. This building, developed by C4 Immobilier and completed with the help of our government, among others, will provide 81 affordable homes for families and individuals. This is both a concrete response to an urgent need for more housing and a project that the residents of Rivière-du-Loup have been eagerly awaiting so that they can thrive in a living environment in their own community, surrounded by their loved ones.”
“This project is a crucial step toward increasing the supply of housing in Rivière-du-Loup. We’re working tirelessly to ensure that every citizen has a safe and affordable place to call home. Thanks to our partners’ engagement and our government’s support, we are taking concrete action to improve the quality of life in our region. This is a priority that we take very seriously.”
“We’ve been saying it for years: We must build more housing for the residents of Rivière-du-Loup, because our city is growing, and the needs are great. Thanks to the dedication of local partners who are well established here and who wanted to make a difference in our community, 81 households will today be able to have a place they can call home. One that meets their needs and that they can have at a reasonable price. The City of Rivière-du-Loup is proud to support initiatives like this one, because everyone, no matter their status or their means, deserves a decent place to call home.”
“Complexe Fraser is a perfect example of what can be accomplished when everyone comes together to work toward a common goal. This project shows that we can overcome our society’s most significant challenges, like that of ensuring everyone has an affordable place to call home, when we have a common will and vision.”
Highlights:
- Complexe Fraser features 16 bachelor units, 50 one-bedroom units and 15 two-bedroom units.
- The project also has 99 parking spaces, including three for people living with disabilities, two for electric vehicles and 13 for visitors.
- Construction was completed in 10 months.
About the Société d’habitation du Québec (SHQ):
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.
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 Canada Mortgage and Housing Corporation (CMHC):
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 home ownership and the creation and maintenance of rental supply. 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.
Sources:
Justine Vézina
Press Secretary to the Quebec Minister Responsible for Housing
justine.vezina@habitation.gouv.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
