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Affordable Housing Strategy
A dwelling is considered affordable when a low- or moderate-income household is able to afford to own or rent it without having to devote more than 30% of its income to rental or ownership payments.
Affected households
A low-income household is defined as one that earns less than 80% of the median income of the Communauté métropolitaine de Montréal (CMM) and therefore has trouble finding rental housing appropriate for its budget. A moderate-income household is defined as one that earns between 80% and 120% of the median income of the CMM and therefore has trouble purchasing a residence in Montréal.
Social housing
Social housing units are reserved for low-income households who meet the criteria set by relevant government programs, such as AccèsLogis, Logement Abordable Québec's social housing program. Social housing is thus a subset of affordable housing.
Affordable Housing
A dwelling is considered affordable when a low- or moderate-income household is able to afford to own or rent it without having to devote more than 30% of its income to rental or ownership payments.
Affected households
A low-income household is defined as one that earns less than 80% of the median income of the Communauté métropolitaine de Montréal (CMM) and therefore has trouble finding rental housing appropriate for its budget. A moderate-income household is defined as one that earns between 80% and 120% of the median income of the CMM and therefore has trouble purchasing a residence in Montréal.
Social housing
Social housing units are reserved for low-income households who meet the criteria set by relevant government programs, such as AccèsLogis, Logement Abordable Québec's social housing program. Social housing is thus a subset of affordable housing.
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The Ville de Montréal has set a target that 30% of all new residential construction be affordable for low- or moderate-income households. This is an essential aspect of sustainable development in Montréal. Ensuring the presence of affordable housing responds to the current and future needs of Montréal's households while preserving the competitiveness and economic vitality of the City. In the context of a highly active residential property market and despite vigorous intervention by the Ville de Montréal, the private-sector construction of affordable housing - much of it small units that are inappropriate for families - has been insufficient and unequally distributed across the City. Without active intervention, the situation may worsen in the coming years.
To achieve its goal of 60,000 to 75,000 new affordable housing units, the Ville de Montréal will have to make significant efforts. Nonetheless, the success of these efforts relies in part on a number of things which are beyond the City's control.
Therefore, the City must be able to count on:
- the continued vitality of the residential construction industry, which is itself determined by economic conditions such as interest and employment rates;
- the availability of sites, made possible by the financial participation of governments in the repurposing of large sites and the rehabilitation of contaminated tracts.
Finally, the continued capacity of the Ville de Montréal, with help from the CMM, to support the production of affordable housing is dependent on continued and predictable funding from government programs.
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Stimulate housing construction on suitable vacant land
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Support the conversion to residential purposes of areas and buildings now fulfilling other roles
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