MONTRÉAL, Québec, October 13, 2005 — Modest and low-income families and individuals now have more affordable housing options thanks to the construction of the Coopérative Les Terrasses Wellington–Charlevoix, which consists of a 24-unit building located on Charlevoix Street, in the Sud-Ouest borough of Montréal.
This announcement was made today by the Honourable Joe Fontana, Minister of Labour and Housing, by Nathalie Normandeau, Minister of Municipal Affairs and the Regions, and by Cosmo Maciocia, City of Montréal Executive Committee member responsible for housing, social development and income security. In addition to Minister Fontana, the Honourable Liza Frulla, Minister of Canadian Heritage, Minister responsible for the Status of Women and MP for Jeanne-Le Ber, and partners from the community sector took part in this site visit.
The construction of this cooperative, which is requiring investments of over $3.4M, is being completed thanks to the participation of public, private and community partners. The financial contributions for the development of this project, totalling $2,220,675, are being made under the affordable housing agreement signed between Canada Mortgage and Housing Corporation (CMHC) and the Société d'habitation du Québec (SHQ).
CMHC is providing $776,441 in financial assistance for this housing project, while the SHQ is contributing a sum of $779,299. The community is contributing a sum of $538,769 to the project, including $388,935 from the City of Montréal. In addition, under the Renovation Québec program, an amount of $126,166 is being provided jointly by the SHQ and the City of Montréal. The other costs are being assumed by the organization, in particular through a mortgage loan secured by the SHQ.
To help the project meet the Novoclimat standard of the Agence de l'efficacité énergétique of Quebec, this housing co-operative will receive a grant of $1,000 per unit, which will be provided jointly by Hydro-Québec and the City of Montréal.
"The federal government is committed to meeting Canada's climate change objectives, and provide safe and affordable housing for those most in need," said Minister Fontana. "Our partnership with the Agence de l'efficacité énergétique well illustrates what we are trying to achieve with the energy efficiency measures recently announced by our government. In fact, the residents of this cooperative will benefit from both savings and affordable housing, while helping to reduce greenhouse gas emissions."
"Shelter is the foundation upon which healthy communities and individual dignity are built. We are proud to be a partner in this project that will allow families and individuals from the neighbourhood to start building a better future, while participating in the life of the community," added Minister Frulla.
"The Government of Quebec applauds the development of these 24 new housing units that will enable families and individuals to gain access to a better quality of life. What is more, this construction is an excellent example of a successful partnership between governments, the City and the community sector," said Minister Normandeau.
"The Solidarité 5 000 logements operation has demonstrated a great concern for energy savings by promoting the integration of enhanced energy efficiency measures in some 1,800 social and community housing units and encouraging pilot projects in this area," said Cosmo Maciocia. As well, he pointed out that, to date, as part of this operation, 2,766 housing units have been completed and 2,259 more, like the 24 units of the Coopérative Les Terrasses Wellington-Charlevoix, are currently under construction.
The Coopérative d'habitation Les Terrasses Wellington–Charlevoix is part of the Solidarité 5 000 logements operation of the City of Montréal, which is aimed at increasing the supply of affordable housing for low-income households.
The development of this project is part of the Government of Quebec's initiative to produce 18,600 social, community and private housing units for low- and moderate-income households. This initiative is notably supported by federal funds made available under affordable housing agreements.
It should be recalled, in fact, that the Government of Canada and the Government of Quebec signed an agreement, in August 2004, concerning additional funding for the second phase of the Affordable Housing Program, as Quebec became the first province to sign such an agreement. This makes for a total contribution of $150M to increase the availability of affordable housing in Quebec. The federal contribution is $75M, with an equivalent amount being provided by the Government of Quebec and the municipalities participating in the program.
Société d'habitation du Québec
Communications and Marketing
Canada Mortgage and Housing Corporation
Press Assistant to the Minister of Municipal Affairs and the Regions
City of Montréal