$5 million up front, more to come for affordable housing at the SHDM
From CKUT Local Journalism Initiative · 00:01:53
Show by Jules Bugiel
Episode Notes Projet Montreal is promising at least 40 million dollars for its real estate arm, the SHDM, over the next three years – to house a thousand Montrealers in affordable units. 300 places will be reserved for people at risk of or experiencing homelessness. This starts in Mercier–Hochelaga-Maisonneuve , where the SHDM is buying apartment buildings to transform them into affordable housing. The announcement is the latest in the city’s new housing strategy, Loger +. That strategy aims for 20 percent of the rental stock to be social and affordable housing by 2050.
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