Montreal Is Getting 12 New Affordable Housing Projects
The Governments of Canada and Quebec have reached an agreement to allot nearly $57 million in funding to build 12 affordable housing projects in Montreal.
According to the announcement, the projects will include 263 housing units.
Editor's Choice: A New Study Reveals That The Number Of Vacant Montreal Apartments Has 'Exploded'
“
More than ever, it is crucial that every citizen have a roof over their head.
Mayor Valérie Plante
These housing projects will "target those who are most vulnerable" including:
"women and children who are victims of domestic or family violence
seniors
Indigenous populations
people with mental health or addiction issues
people who are homeless or at risk of homelessness
persons with disabilities, etc."
In addition, the agreement includes a provision that the Government of Quebec will fund rent supplement programs for these new housing projects for the next 20 years.
If renters qualify for this assistance, they will spend only "25% of their income on housing."
The funding will be put towards "land acquisition, housing construction, or conversion or rehabilitation of existing buildings."
By 2022, 263 units in these 12 projects around Montreal will be ready according to Andrée Laforest, Quebec Minister of Municipal Affairs and Housing.
"There is a significant need for affordable housing on our territory," added Chantal Rouleau, Minister Responsible for the Metropolis.