A little over 90 affordable housing units are being built in the area of the MIL campus of the Université de Montréal, in Outremont. The multigenerational housing project, carried out at a cost of $24.5 million, will welcome its first residents by the end of 2023.
Work on the Coop MIL project, which will provide 91 affordable housing units for families, single people and low- and middle-income seniors, is nearing completion.
The building, built on Querbes Avenue, will have 20 three- or four-bedroom units, 27 two-bedroom units and 44 one-bedroom units. The first tenants will be able to move in by the end of next year or at the latest, in early 2024.
“We are building a neighborhood with a university vocation, at the forefront of sustainable development, a neighborhood also, and this is very important, citizen. A place of meetings, a place of life, a place of social diversity”, rejoiced Friday the rector of the University of Montreal, Daniel Jutras, during a press conference.
He was notably accompanied by Rachel Bendayan, Liberal MP for Outremont and Parliamentary Secretary to the Minister of Tourism and Associate Minister of Finance, Ahmed Hussen.
PHOTO HUGO-SÉBASTIEN AUBERT, THE PRESS
Rachel Bendayan, Liberal MP for Outremont
It’s been 10 years since the MIL campus project was launched, and I’m still delighted to see how quickly the neighborhood is transforming, revitalizing and revitalizing.
Rachel Bendayan, Liberal MP for Outremont
Ottawa is funding $4.7 million of the project’s total budget, to which must be added $11.4 million from the Société d’habitation du Québec (SQH), through the AccèsLogis Montréal program, and $8.4 million of the City of Montreal, of which 3.4 million are supported by the Metropolitan Community of Montreal.
Up to 50% of tenants could benefit from the SHQ’s Rent Supplement Program, which would allow them to pay only 25% of their income for housing.
The University of Montreal (UdeM) had sold part of its land in order to build rental housing there, on the condition that 30% of the housing be affordable.
Inaugurated in 2019, the MIL campus has been singled out for its role in the gentrification of the surrounding neighborhoods, in particular Parc-Extension.