Three levels of government are investing $154 million in five rental multi-residential development projects containing 343 units in Quebec City.

The provincial government will provide $84 million, while Ottawa will kick in $26 million and the city provides the rest of the fund. The federal and provincial funds are being invested as part of the third round of the Canada-Quebec Rapid Housing Initiative, the three governments announced in a news release.

Launched in 2020, the $1.5-billion RHI is administered by the Canada Mortgage and Housing Corporation and provides funding to create permanent housing, including many multi-residential rental projects, for vulnerable groups of people. The Quebec City projects will provide housing for troubled youth, seniors, people with intellectual and physical disabilities, women fleeing domestic violence and disadvantaged women.

Up to 269 of the 343 households could be eligible for Quebec’s rent supplement program whereby they spend only 25% of their income on housing.