The Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development and Minister Responsible for Canada Mortgage and Housing Corporation, and Martin Coiteux, Minister of Municipal Affairs and Land Occupancy, Minister of Public Security and Minister responsible for the Montréal region, today announced investments of more than $400 million over two years to give Quebeckers greater access to affordable and social housing.
These investments will help improve access to affordable and social housing for households in need, particularly by supporting the creation and renovation of housing for seniors and victims of family violence and addressing repairs of existing social housing. The governments of Canada and Quebec are working together on the implementation of this agreement.
“Our Government is committed to investing in affordable housing, strengthening our communities and helping to create jobs and grow the middle class and those working hard to join it. We are providing better places for families, seniors and individuals to live and building a strong foundation for a sustainable economic future,” Duclos said.
Under this two-year agreement, $286 million will be committed by the Government of Canada and $121 million by the Government of Quebec to affordable and social housing investments in Quebec.
The announcement was made in Laval, near the site of Immeubles Val-Martin, in the presence of Eva Nassif, Member of Parliament for Vimy, Francine Charbonneau, Minister responsible for Seniors and Anti-Bullying and Minister responsible for the Laval region, and Marc Demers, Mayor of Laval. This project will receive $18.2 million under this agreement. This funding will allow for the reconstruction of 124 social housing units for families and individuals.
“This agreement will help Quebec build and renovate more social and affordable housing units, while keeping all the flexibility needed to prioritize and develop major projects. The case of Immeubles Val-Martin is a great example of what we can do with this funding. The funding announced today is in addition to the hundreds of millions of dollars invested every year by the Government of Quebec in support of Quebec households in need of affordable housing,” Coiteux stated.A new investment of $286.3 million from the federal government and $121.2 million from the Government of Quebec will help Quebeckers in need access affordable housing. These investments are in addition to the $577 million in joint funding currently provided under the Investment in Affordable Housing (IAH) Agreement 2014-2019.
This new investment of $286.3 million from the federal government and $121.2 million from the Government of Quebec will help Quebeckers in need access affordable housing. These investments are in addition to the $577 million in joint funding currently provided under the Investment in Affordable Housing (IAH) Agreement 2014-2019.
- The new two-year funding includes:
- $48.4 million to support the construction, repair and adaptation of affordable housing for seniors;
- $22.2 million to support the construction and renovation of shelters and transition houses for victims of family violence;
- $94.5 million to help address the demand for repairs as social housing units age and to improve efficiency and reduce energy and water use; and
- $242.4 million as part of the commitment to double current funding levels under the IAH Agreement to increase the supply of affordable housing in Quebec.