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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.

News

Stay informed about the SHDM's latest initiatives and real estate development projects

Commercial
About
April 28, 2026
Two new tenants at Îlot Balmoral starting in Fall 2026

As of fall 2026, Îlot Balmoral will welcome two new tenants, further strengthening its role as a major hub for digital creation:

  • The ADN Campus of Cégep du Vieux Montréal and Cégep de Matane, recognized for more than 20 years for its training programs in video game development, digital creation, and interactive arts;
  • The Teaching and Research Unit (TRU) in Creation and New Media at UQAT’s Centre in Montreal, which offers programs developed in synergy with the creative industry and in response to the challenges of tomorrow’s world.
About
Under development
Affordable Housing
March 17, 2026
Gordon project: construction is underway to provide 84 new affordable homes in Verdun

An important step toward transforming this vacant building into affordable housing, ranging from studios to one and two‑bedroom units.

Affordable Housing
About
February 20, 2026
Announcement of federal government funding for the Christin project

At a press conference held on February 20, the Government of Canada announced $11.6 million in funding for Le Christin, an SHDM building entirely dedicated to combating homelessness and managed by Accueil Bonneau.

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:

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.