Canada to invest $57-million for 263 affordable housing units in Montreal

Montreal Mayor Valérie Plante announced today that the government of Canada is investing $57-million in 12 affordable housing projects that will provide 263 residential units (“housing, studios and rooms”) in NDG/Côte-des-Neiges, downtown, Plateau, Ville St-Pierre, Mercier-Hochelaga-Maisonneuve and the Sud-Ouest. The province of Quebec will participate in the project by financing the rent supplement for some of the buildings involved for 20 years, allowing eligible tenants to pay only 25% of their income for housing.

“Thank you to the Governments of Canada and Quebec for these investments, which help us take one more step towards affordable housing development and provide lasting solutions to the crises we are going through.“

—Valérie Plante, Mayor of Montreal

Merci au gouvernement du Canada et au @GouvQuebec pour ces sommes qui nous aident à faire un pas de plus vers un développement inclusif de l’habitation et apporte des solutions pérennes aux crises que nous traversons. #polmtl https://t.co/ixUP8Q6J0f

— Valérie Plante (@Val_Plante) January 21, 2021

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