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
$540,000 to accelerate the renovation of 45 housing units for vulnerable individuals
In the context of a housing crisis marked by an increase in homelessness and the urgent need for action to reduce this phenomenon, the City of Montreal has announced an investment of $540,000 to accelerate the renovation of 45 housing units in the SHDM’s real estate portfolio intended for vulnerable individuals.
Through this financial contribution, the City of Montreal and the SHDM are joining forces to bring approximately forty housing units on an accelerated timeline. The necessary renovations will make these units available by the end of August 2026.
Investments to maintain and modernize Autonomie+ buildings
SHDM teams have just completed major work in three of its Autonomie+ buildings, intended for people aged 55 and over, including:
- Repairing the concrete access routes at Desormeaux, in the borough of Mercier–Hochelaga-Maisonneuve;
- Replacing caulking and carrying out masonry work at the Jean‑Brillant Building, in the Sud‑Ouest borough;
- Modernizing the elevator at Lambert‑Closse, also located in the Sud‑Ouest borough.
Representing an investment of more than $900,000 and benefiting approximately 237 tenants, these renovation projects are part of SHDM’s residential asset maintenance program.
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.
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.
