MONTRÉAL, July 23,
2024 /CNW/ - Today, the federal government announced
more than $59 million in
contributions and low-cost loans through the Affordable Housing
Fund (AHF) to help build and repair 1,952 affordable homes in the
Montréal metropolitan area and in many Indigenous communities
across Québec.
The Honorable Marie-Claude Bibeau, Minister of National Revenue,
made the announcement on behalf of the Honourable Sean Fraser,
Minister of Housing, Infrastructure and Communities at Place
Griffintown, located at 1375 Barré Street in Montréal which
received $5.1 million to build 54 new
homes. The project was made possible by Bâtir son quartier, and
will be operated by Société d'amélioration de Pointe-Saint-Charles
(SOCAM) and Place Griffintown. The building will feature a new
approach to building resilient housing adapted to climate change.
The site is located near downtown Montréal.
A detailed list of projects that received funding is provided in
an appendix to this release.
Quotes:
"Everyone deserves a place to call their own and the Affordable
Housing Fund is one way we're helping make that a reality for
Canadians. We will keep investing in affordable housing projects
like the ones announced today, and working with partners across the
country, to end the housing crisis." – The Honourable Sean
Fraser, Minister of Housing, Infrastructure and
Communities
"The Government of Canada is
pleased to have supported this important funding here in the
Greater Montréal and Indigenous communities across Québec. Through
the Affordable Housing Fund we are committed to making communities
stronger in our province and across Canada. I am proud that this investment of
over $59 million will not only help
create new jobs and stimulate the local economy, but also help to
provide over 1,900 more secure and affordable homes for communities
throughout Québec."– The Honorable, Marie-Claude Bibeau, Minister of National
Revenue
"Whether for new construction, renovations or energy efficiency
upgrades, the diversity of initiatives presented this morning
speaks volumes about the ability of the housing sector's ability to
meet the housing needs of low- and middle-income households, as
well as vulnerable populations. To achieve this, the synergy of
public intervention at all levels of government is essential.
Today, we would like to recognize the contribution of the federal
government and the various initiatives developed as part of the
National Housing Strategy. Without these initiatives, these
projects would not have been possible to significantly improve the
quality of life of Montreal
tenants." – Yann
Omer-Kassin, development coordinator, Bâtir son
quartier
Quick facts:
- The federal funding announced today is helping create a total
of 672 new homes and is leading to the repairs of 1,280 homes.
- The Affordable Housing Fund (AHF) provides funding
through low-interest and/or forgivable loans or contributions to
help build new affordable homes and renovate and repair existing,
affordable and community housing.
- Through the 2023 Fall Economic Statement, the government
announced an additional $1 billion
for the Affordable Housing Fund, bringing the total funding to over
$14 billion. To further support
non-profit, co-operative, and public housing providers and respond
to the needs of those most impacted by the housing crisis, Budget
2024 committed an additional $1
billion to the fund.
- This program under the National Housing Strategy (NHS) gives
priority to projects that help people who need it most, including
women and children fleeing family violence, seniors, Indigenous
peoples, people living with disabilities, those with mental health
or addiction issues, veterans, and young adults.
- As of March 2024, the federal
government has committed $50.97
billion through the NHS to support the creation of over
146,000 units and the repair of over 286,000 units.
Additional Information:
- Visit Canada.ca/housing for the most requested Government of
Canada housing information.
- CMHC contributes to the stability of the housing market and
financial system, provides support for Canadians in housing need,
and offers unbiased housing research and advice to all levels of
Canadian government, consumers and the housing industry. CMHC's aim
is that everyone in Canada has a
home they can afford and that meets their needs. For more
information, follow us on Twitter, Instagram, YouTube, LinkedIn and
Facebook.
- To find out more about the National Housing Strategy, please
visit www.placetocallhome.ca.
Appendix: Projects receiving funding under AHF
Project
Name
|
Region/City
|
Funding
|
Units
|
Interloge
|
Montréal
|
$6,950,000
|
695
|
Shelter
|
Montréal
|
$520,000
|
26
|
La Coopérative
d'habitation La Collective
|
Montréal
|
$444,005
|
53
|
Coopérative
d'habitation Pie-IX - Beaubien
|
Montréal
|
$164,966
|
11
|
Coopérative
d'Habitation La Détente
|
Montréal
|
$52,480
|
6
|
Coop Le Suroit Phase
2
|
Montréal
|
$4,939,538
|
85
|
Hadley House
|
Montréal
|
$131,796
|
12
|
Coopérative les deux
rues
|
Montréal
|
$163,839
|
11
|
Loge-Accès
OSHA
|
Montréal
|
$1,400,000
|
40
|
Coopérative
d'habitation Le petit village
|
Montréal
|
$476,854
|
32
|
La Traversée - Sœurs de
Saint Anne
|
Montréal
|
$13,500,000
|
270
|
Shelter
|
Montréal
|
$2,100,000
|
23
|
Place
Griffintown
|
Montréal
|
$5,198,583
|
54
|
Chez Doris
|
Montréal
|
$811,140
|
26
|
Entraide
Saint-Michel
|
Montréal
|
$1,486,199
|
30
|
Coopérative
d'habitation des Travailleurs de Verdun
|
Montréal
|
$1,980,537
|
14
|
Shelter
|
Montréal
|
$1,616,291
|
22
|
Les Habitations
Olympia
|
Montréal
|
$958,359
|
61
|
Manoir Édith
|
Montréal
|
$108,939
|
42
|
Le Petit
Patro
|
Sainte-Thérèse
|
$171,315
|
9
|
Shelter
|
Repentigny
|
$408,000
|
6
|
Habitations La Petite
Prairie
|
La Prairie
|
$240,000
|
16
|
Société locative
d'investissement et de développement social (SOLIDES)
|
Châteauguay
|
$3,140,000
|
314
|
Shelter
|
Kuujjuaq
|
$1,222,449
|
10
|
Shelter
|
Salluit
|
$890,016
|
10
|
Whapmagoostui
|
Whapmagoostui
|
$2,539,247
|
6
|
Naskapi Nation of
Kawawachikamach
|
Kawawachikamach
|
$4,656,000
|
10
|
Maison Véro &
Louis
|
Varennes
|
$625,000
|
20
|
Maison des aînés
Manawan
|
Manawan
|
$1,455,570
|
30
|
Construction 8
logements
|
Mashteuiatsh
|
$861,486
|
8
|
Total
|
$59,312,608
|
1 952
|
SOURCE Canada Mortgage and Housing Corporation (CMHC)