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$57 million for Montreal affordable housing
The federal and Quebec governments are collaborating to provide funding for affordable housing in the City of Montreal, under the Rapid Housing Initiative (RHI) between the Canada Mortgage and Housing Corporation (CMHC) and the City of Montreal. The affordable housing will be built in Côte des Neiges-NDG, the Plateau, Ville St-Pierre (Lachine), Mercier-Hochelaga-Maisonneuve and the Sud-Ouest. The announcement was made by Minister Responsible for Canada Mortgage and Housing Corporation Ahmed Hussen, Quebec Lieutenant Pablo Rodriguez, Quebec Municipal Affairs Minister Andrée Laforest, Transport and Montreal Region Minister Chantal Rouleau and Montreal Mayor Valérie Plante. Under the agreement, â$56.8 million in federal funding is being provided to the City of Montreal to support the rapid completion of 12 projects on its territory, representing 263 housing units.â
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