The federal government, Quebec and City of Montreal have announced an agreement to invest more than $45 million in four Montreal affordable housing projects.

The developments will add 191 units to the local affordable housing supply. The total cost of the project is estimated to be $80.5 million.

The federal government will provide $32 million via three phases of the Canada-Quebec Rapid Housing Initiative (RHI) agreement. The RHI is administered by the Canada Mortgage and Housing Corporation.

The Quebec government will supply $8 million under the provincial housing society’s AccèsLogis Québec program.

In addition, 173 units will be eligible for the province’s rent supplement program, valued as a $5-million contribution. The province will fund 90% of the contribution while the City of Montreal furnishes 10%.

The city will directly contribute $5.8 million and other, according to a news release. Other unidentified investors will provide the remaining funds.