The federal and Quebec governments are investing in a new 100-unit Montreal seniors affordable housing project.

The two governments announced the Montreal in a news release and officials took part in a recent launch ceremony.

The development is part of a $235-million federal-provincial investment project whereby the two governments fund the construction of 10 seniors buildings comprising 100 units apiece across Quebec.

The six-storey building will be constructed in Montreal’s borough of Mercier-Hochelaga-Maisonneuve. The federal government and province will furnish a total of $23.5 million.

Meanwhile, the City of Montreal, will provide land and an undisclosed financial contribution. Philanthropist Luc Maurice, board chair for non-profit group Mission Unitaînés, will provide a donation to complete the funding package.

Construction is slated to conclude in spring 2026.

The Office municipal d’habitation de Montréal (OMHM) will manage and maintain the finished building using a $500,000 contingency fund provided by Mission Unitaînés. OMHM will also select the residents, who will pay rents of $595 for a studio apartment and $900 for two-bedroom unit.

The federal and provincial investment is being made with funds provided under the Canada-Quebec agreement under the Housing Accelerator Fund. As part of the program, each government has provided $900 million.

As part of the 10 seniors-project program, each municipality federal-provincial agreement, provides a significant contribution, either in kind or in the form of a grant. The municipal support 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, a building permit (or equivalent grants) and utility connections.

Mission Unitaînés is responsible for designing and constructing the 10 buildings, which will each comprise 100 units.

The HAF is administered by the Canada Mortgage and Housing Corporation.

Pictured: Officials who took part in a recent launch ceremony.

Photo: OMHM