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You Can Apply To Get An Interest-Free Loan From Quebec To Help Pay Your Rent

If you've lost income as a result of the crisis.
Senior Editor
Quebec Renters Can Apply To Get An Interest-Free Loan From Quebec To Help Pay Rent

The government has announced yet another measure to help people who are struggling during the crisis. This time, it's financial assistance for Quebec renters. Through the Société d'habitation du Québec (SHQ), tenants who have lost income as a result of the current situation can apply to receive an interest-free loan to make their rent payments. The loan totals $1,500, "equivalent to two months' rent," according to an April 29 statement on the government website.

It will be paid directly to renters' landlords and is repayable by August 31, 2021.

Applications must be made by July 15, 2020 through the SHQ website.

The application portal is not yet active, but the SHQ encourages eligible renters to check its website frequently.

"This assistance will make it possible to meet the liquidity challenges that some tenants may face despite the financial assistance offered by the federal government," the announcement reads.

The government has also created a program for residents "whose plans to move into their principal residence [...] have been postponed because of COVID-19."

The residence "must have been under construction before March 25, 2020, in anticipation of delivery between April 1, 2020, and August 31, 2020, inclusively, and cannot take place in this interval given the circumstances."

"Eligible individuals will receive up to $2,000 per month for a period of up to two months. This amount will be provided as a rebate for temporary accommodation costs."

The government will also cover up to $1,000 in "storage and moving costs."

"The measures announced today will provide relief to individuals and families for whom the pandemic has become a source of concern for a basic need: housing," Andrée Laforest, Minister of Municipal Affairs and Housing, said.

"These are concrete solutions to help some households pay their rent, while allowing others to see a happy ending to their housing project."

"I am very proud of them, because they show our government's ability to lead the fight against COVID-19 with the public, while remaining creative in meeting the collective challenges ahead. We will leave no one behind!"

Stay tuned for more news.

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