The federal, Quebec and municipal governments are investing $49.5 million altogether in an affordable-housing development in downtown Montreal’s Bridge-Bonaventure district.

The project will be the first residential development in Bridge-Bonaventure, where thousands of multi-residential units are slated to be built in coming years.

The project, led by Broccolini in partnership with Bâtir son quartier and the non-profit Point Commun, will include two residential high-rises—one dedicated to non-market housing and the other to market units. The buildings will be constructed in two phases.

The first phase, scheduled to begin in summer 2026, will deliver a 20-storey tower with 376 affordable units at Bridge, Wellington and Saint-Patrick streets in Pointe-Saint-Charles. The $130-million building will include bachelor to three-bedroom apartments, community and commercial space on the ground floor, and is slated for completion in fall 2028.

Funding includes $11.6 million from Ottawa, $25.3 million from Quebec—split between $11.6 million in direct funding and a $13.7-million patient loan—and $12.06 million from the City of Montreal.