The SHDM:
Building affordable housing
As the City's real estate arm, the SHDM contributes to Montreal's social and economic revitalization by developing and managing a real estate portfolio that is primarily residential and commercial. It pursues its vision of building affordable housing now, and for the long term, by increasing the supply of residential rental housing for a diverse clientele.
Services for SHDM tenants and Accès Condos owners
News
Stay informed about the SHDM's latest initiatives and real estate development projects
The SHDM secures affordable rents for 29 additional housing units
On October 22nd, the SHDM acquired two new buildings from the City of Montréal, ensuring long-term rent affordability for 29 housing units. Located in the Ville-Marie and Rosemont–La Petite-Patrie boroughs, these acquisitions contribute to our goal of developing 1,000 affordable housing units across Montréal by 2027, particularly for the most vulnerable populations.
Acquisition of a lot to develop 70 affordable housing units
As part of its Policy for the Transfer of Municipal Properties for Non-Market Housing Purposes, the City of Montreal has authorized the sale to the SHDM of the former Solotech factory site, located at the corner of Gilford Street and 2nd Avenue in the Rosemont–La Petite-Patrie borough.
The SHDM will develop a six-storey building there, comprising approximately 70 non-market housing units of various sizes, ranging from one to three bedrooms.
“This project will contribute to our goal of developing 1,000 affordable and social housing units by 2027 across Montreal. After completing successful feasibility studies on this site over the summer, our teams are now working on the design phase, with construction set to begin in fall 2026,” said Sophie Rousseau-Loiselle, General Manager of the SHDM.
To read the full press release (In French only)
The social impact of the SHDM
For nearly 40 years, the SHDM has developed strong expertise in non-profit real estate, becoming a reliable and experienced partner with significant impact and numerous achievements:
- A diversified supply of affordable housing units;
- 33 projects benefiting from Accès Condos financing, facilitating access to homeownership;
- Commercial buildings primarily intended for institutional and cultural use;
- A commitment to making a difference in communities by supporting impactful initiatives across Montréal.
Contact the SHDM
Do you have questions about our affordable housing, the Accès Condos program, or our real estate development projects in Montreal? Our team is here to guide you and support you every step of the way.
