2018-2021 Strategy to Develop 12,000 Affordable Social Housing Units
Between now and 2021, the city intends to develop 12,000 affordable social housing units, comprising 6,000 community social housing units and 6,000 units in the affordable category. To reach this objective, the city is mobilizing a number of programs and measures:
- Funding for social and community housing
- Inclusion practices
- Assistance for new affordable housing models
- Assistance for the renovation of dwelling units to preserve existing social and affordable housing
- Support for affordable home ownership
1. Funding for social and community housing:
- Developing social and community housing, through existing programs such as AccèsLogis Québec and AccèsLogis Montréal.
- Use of the local inclusion funds to help develop projects.
- Adoption of a by-law approving a loan of $50 million over 10 years for the purchase of land or properties, for the purposes of developing social and community housing.
2. Inclusion practices
- Continuation of the existing strategy and adoption of a new by-law for 2019, providing the framework for and ensuring the inclusion of social, affordable and family housing.
3. Assistance for new affordable housing models
- Assistance for pilot projects proposing new affordable housing models to meet emerging needs.
- Assistance for partners soliciting the new federal affordable housing programs.
4. Assistance for the renovation of dwelling units to preserve existing social and affordable housing
- Collaboration with partners in order to preserve the existing affordable and social housing units.
- Revision of the subsidy programs for the renovation of multi-tenant residential buildings.
5. Support for affordable home ownership
- Enhancement of home ownership assistance programs.
- Continuation of the Accès Condos program.
Social housing: For households with low or modest income or residents with special housing needs. All or part of these housing units will receive stable financial assistance. Projects will be supported through the AccèsLogis program which is open to housing cooperatives, housing non-profits and the Office municipal d’habitation de Montréal (OMHM).
Affordable housing: Is not based on income
- Rental: Between social housing and average values of the rental market by region
- Ownership: Based on market averages
The city’s partners for this project include:
- Housing cooperatives
- Housing non-profits
- Office municipal d’habitation de Montréal (OMHM)
- Technical resource groups
- Société d’habitation et de développement de Montréal (SHDM)
- Private developers and entrepreneurs
- Private or philanthropic investors
- Gouvernement du Québec (Société d’habitation du Québec - SHQ)
- Gouvernement du Canada (Canada Mortgage and Housing Corporation - CMHC)
The “Montréal Reflex”
Building social and community housing is jointly funded by the Société d’habitation du Québec (SHQ) and the city under the “Montréal Reflex” framework agreement that provides for the transfer of housing budgets and responsibilities to the city.