Feds, Province Investing $235M in 10 Quebec Seniors Housing Projects
The federal and Quebec governments are investing $235 million in 10 new Quebec seniors housing projects.
Each building will comprise 100 units, according to the two governments.
Ottawa and the province are funding the projects through the Canada-Quebec Agreement under the federal $4-billion Housing Accelerator Fund, to which the governments have each contributed $900 million.
Municipalities are also contributing $3 million to $5 million per project, through an in-kind donation or a grant. Each municipality’s contribution includes the transfer of land ready to build on, a three-year tax holiday starting on the transfer date of the land with the building and a building permit (or equivalent grants) and utility connections.
The HAF is administered by the Canada Mortgage and Housing Corporation.
The units will be situated in 12 buildings within the city limits. Ottawa and the provincial government are funding the projects through through the Canada-Quebec Agreement under the federal $4-billion Housing Accelerator Fund, to which the governments have each contributed $900 million.
The HAF is administered by the Canada Mortgage and Housing Corporation.
Pictured: New seniors housing project scheduled to be built in Longueuil, Que.
Rendering: Mission Unitaînés
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