While the lack of housing is hitting hard, Quebec announces the construction of 3,000 social and affordable housing units, with the contribution of partners.
Quebec will allocate $395 million, or $350 million for the construction of 2,000 affordable and social housing units over the next three years. Everything will be carried out by the Fonds immobilier de solidarité FTQ and the Mouvement Desjardins.
The other part of the grant, ie $45 million, will be devoted to what is presented as a new model that combines condominiums and cooperatives and which has already been successful in Estrie. This time, Fondaction will be the partner for 1,000 affordable condominiums over the next five years. The households that acquire these affordable condominiums will thus free up as many units for other households.
The announcement was made Wednesday by the Minister of Municipal Affairs and Housing, Andrée Laforest, alongside representatives of the Fonds immobilier de solidarité FTQ, Fondaction and Desjardins.
The partners intend to ensure a good geographic distribution of these units throughout Quebec.
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