A better access to ownership for Montreal Sud-Ouest families
The Société d’habitation et de développement de Montréal (SHDM) announced today the sale of its property located at 1685, 1687, 1689, 1691 and 1693, avenue de l’Église, in the Sud-Ouest Borough, to the Habitat for Humanity Québec charitable organization.
In the summer of 2019, the SHDM launched a public call for proposals to community organizations in order to sell the vacant building on avenue de l’Église. The objective was to preserve the affordable housing mission of this 3-storey building, particularly since such housing is in short supply in Montreal.
« The SHDM is delighted with this new partnership with Habitat for Humanity Québec. This sale will become an inspiring project that will provide five families with reasonable access to home ownership, » stated Nancy Shoiry, Managing Director of the SHDM.
Habitat for Humanity Québec’s mission is to mobilize volunteers and donors in order to build affordable properties and promote the purchase of a home as a means of ending the cycle of poverty, » explained Clévis Cabrera of Habitat for Humanity Québec. “The acquisition of the building owned by the SHDM will enable us to pursue this mission by offering low-income Québec families genuine access to home ownership. »
About the Société d’habitation et de développement de Montréal
Whether for affordable housing, social mix, community-based projects, large cultural and institutional developments, revitalization of destructured neighbourhoods or the enhancement of heritage buildings, the SHDM is a key player in creating structuring real estate development projects. As an agency of Ville de Montréal, the SHDM is also a responsible manager that administers and maintains a real estate portfolio that is both large and diversified, and is one of Montréal’s greatest assets.
About Habitat for Humanity Québec
Habitat for Humanity is the only charitable organization in the country that builds affordable homes and makes it possible to save 70% of the interest on financing for low-income Québec families so that they can become homeowners. Habitat for Humanity Québec is affiliated with Habitat for Humanity Canada and a member of the Habitat for Humanity International network, with which it shares the vision of a world where everyone should have access to safe, decent housing. Sensitive to the needs of diverse communities, Habitat for Humanity Québec’s objective is to always be inclusive in carrying out Habitat projects for all families who want to break the cycle of poverty without racial, ethnic, religious or other discrimination.