SHDM description

home >

news >

Maintaining the Supply of Affordable Housing in Montréal

July 6 2016

Maintaining the Supply of Affordable Housing in Montréal - SHDM adds to its housing supply and finances the purchase of an affordable housing property 

news images

Montréal, July 6, 2016 — The Ville de Montréal recently authorized Société d’habitation et de développement de Montréal (SHDM) to purchase a 29-unit residential building belonging to Société canadienne d’hypothèques et de logement (SCHL), located in the Côte-des-Neiges—Notre-Dame-de-Grâce borough. With this transaction SDHM resumes its purchasing of affordable rental housing.

“By launching projects such as the purchase of this building, Montréal is safeguarding a diverse housing supply. This purchase represents an important aspect of SHDM’s mission, namely, helping to maintain and develop the supply of high-quality, affordable housing,” explained Montréal mayor Denis Coderre.

SHDM general manager Nancy Shoiry is very happy with the acquisition, which adds to the company’s current stock of 4,700 affordable rental housing units. “Our housing supply offers an alternative to subsidized low-cost housing (HLM), boosts diversity and vitality in our neighborhoods, and meets the growing demand for high-quality, affordable housing in Montréal. I am delighted that SHDM is able to maintain these rental units for the households that live there.” Emphasizing that SHDM will be financing the entire project, Ms. Shoiry added that “this purchase demonstrates the vital role SHDM plays as a paramunicipal organization and its ability to take targeted and appropriate action to maintain a high-quality, affordable housing supply in Montréal over the long term.”

Russell Copeman, Ville de Montréal councilor in charge of housing, urban planning, and real-estate management and planning and for Office de consultation publique de Montréal, also commented on the transaction. “By taking this opportunity to add to its rental housing supply as part of a project that it is entirely self-financed, SHDM is proving that it’s possible to come up with creative solutions for preserving the diversity of the housing supply without placing a burden on taxpayers. In addition to purchasing the building, SHDM is also planning significant renovations that will enhance the current tenants’ quality of life, preserve the building over the long term, and provide high-quality housing at an affordable price.”

The transaction was formally approved by the SHDM board of directors on June 21, 2016, and duly approved by the Ville de Montréal council at the meeting on July 6, 2016.

About the building
Built in 1939, the property offers a total of 29 affordable housing units (five 3½ units and twenty-four 4½ units). It is located at 5215 chemin de la Côte-Sainte-Catherine and at 5722-24 avenue Mountain Sight in the Côte-des-Neiges—Notre-Dame-de-Grâce borough. Currently, 28 of the 29 units are occupied. The building is owned by Société d’hypothèques et de logement (SCHL) and was put on the market via a public tender won by SHDM. In addition to offering a purchase price of $2 million, SHDM has committed almost $500,000 to carry out renovations and bring the building up to code, while maintaining affordable rents.

Contacts :
Leslie Molko,

Leslie Molko, SHDM Spokesperson, 1-514-347-8584 | Marc-André Gosselin, Press Officer, Office of the Mayor and the Council, 1-514-290-1194

X

X

The form has been sent!

The fields in red are required.

Looking for information on accreditation Accès Condos for residential projects? Would you like to be notified of the upcoming dates for submitting proposals for an Accès Condos accreditation? Join our mailing list and ask us your questions by filling this form.

Activities fields
How did you hear about the Condo Access Program ?
I WOULD LIKE TO REGISTER FOR THE SHDM MAILING LIST AND BE INFORMED OF THE UPCOMING DATES FOR SUBMITTING PROPOSALS FOR AN ACCÈS CONDOS ACCREDITATION.
I WISH TO MEET A SHDM REPRESENTATIVE TO OBTAIN INFORMATION ON THE ACCÈS CONDOS PROGRAM AND ITS ACCREDITATION PROCESS.
I WISH TO OBTAIN THE SPECIFICATIONS TO MEET FOR AN ACCÈS CONDOS PROGRAM ACCREDITATION IN ORDER TO SUBMIT A PROJECT.

Send

X

The fields in red are required.

Refinancing (Cession of rank)

Is there a change of financial institution?
If yes, please specify the name of your former financial institution.
Attachment to include (copy of the loan agreement and a copy of the mortgage deed)
Non-compulsory. Required if the application is approved.
Copy of the loan agreement
Copy of the mortage deed

You have another question or wish to include a comment? Please write it here :

Time for processing and approval:
Up to 30 days after receiving all requested documents and information.

By clicking "Send my request", you consent to the SHDM processing the personal information contained in this form to manage your request. The way the SHDM collects, uses, communicates, and retains personal information collected in the course of its activities is detailed in the Personal Information section. You may withdraw your consent at any time and request access and/or correction of your personal information by writing to the following email address: [email protected]

The fields in red are required.

Send my request

X

The fields in red are required.

Request for statement of account

Reason for request

You have another question or wish to include a comment? Please write it here :

Pursuant to the Accès Condos Agreement, the SHDM may revise the reference price for the purpose of evaluating the part of the reimbursable increase in value if the sale price does not reflect the property’s market value.

Time for processing and approval:
Up to 30 days after receiving all requested documents and information.

By clicking "Send my request", you consent to the SHDM processing the personal information contained in this form to manage your request. The way the SHDM collects, uses, communicates, and retains personal information collected in the course of its activities is detailed in the Personal Information section. You may withdraw your consent at any time and request access and/or correction of your personal information by writing to the following email address: [email protected]

The fields in red are required.

Send my request

X

The fields in red are required.

Approval of resale price

Does this transaction include a parking space?
Have you received the official purchase offer?
If yes, please attach a copy of the documents.
Attachment (if applicable to your situation, join the offer of purchase received)

You have another question or wish to include a comment? Please write it here :

Time for processing and approval:
Up to 30 days after receiving all requested documents and information.

By clicking "Send my request", you consent to the SHDM processing the personal information contained in this form to manage your request. The way the SHDM collects, uses, communicates, and retains personal information collected in the course of its activities is detailed in the Personal Information section. You may withdraw your consent at any time and request access and/or correction of your personal information by writing to the following email address: [email protected]

The fields in red are required.

Send my request

X

The fields in red are required.

Transfer between joint purchasers or assignment of property

Please attach the documents required for the evaluation of the application.
Copy of the acceptance letter from the financial institution to transfer the mortgage to the assignee
Bank statement confirming current outstanding loan balance
Copy of the deed of assignment

You have another question or wish to include a comment? Please write it here :

Time for processing and approval:
Up to 21 days after receiving all requested documents and information.

By clicking "Send my request", you consent to the SHDM processing the personal information contained in this form to manage your request. The way the SHDM collects, uses, communicates, and retains personal information collected in the course of its activities is detailed in the Personal Information section. You may withdraw your consent at any time and request access and/or correction of your personal information by writing to the following email address: [email protected]

The fields in red are required.

Send my request

X

Form for registering on the list of SHDM suppliers

In accordance with the Act respecting access to documents held by public bodies and the protection of personal information, to which the SHDM is subject as a public body, the supplier consents to the disclosure of his data entered in this registration form.

The SHDM appreciates your interest and thanks you for having filled out this form. By being on our list of suppliers, we will be able, if necessary, to invite you to send us a quotation (bid).
SHDM is under no obligation of any kind to suppliers who fill out the form.
Do you have any purchase-related questions? Email your questions directly to: [email protected]

At any time, consult our call for tender notices on the SEAO site at www.seao.ca to check whether calls for tender in your area of activity have been posted by SHDM.

The fields in red are required.

If you consider it useful, you may add documents to complete your company's profile.

Enclose document 1
Enclose document 2
Enclose document 3

Send

X

Estimate the amount to be reimbursed to the SHDM

Breakdown of the value of your property i
To know the purchase price of your condo, refer to the notarized deed of sale of your co-ownership unit.X


10
  • 10%
  • 15%
  • 20%
10
  • 10%
  • 15%
  • 20%

In the event of disparity between the amounts produced with this calculator and those of the statement of account produced by the SHDM, the latter has priority.

Fields in red are required. Make sure they are filled correctly.

Request for service

To facilitate the process and to better serve you, you can make a request for service online by filling out this form.

If it is an urgent repair (Example: a non-functional toilet, a water leak, a heating break), call 514 380-SHDM (7436) immediately. 24/7 emergency service is available.

When working in your home, we ask you to keep a distance of 2 metres from our employee, at all times.

Enter your postal address number and select the address that appears in the boxX
Leave the field blank if there is no apartmentX
Please indicate the phone number that will allow the attendant to reach you to schedule an appointmentX
An email address is required to track your service requestX
Select the nature of the service requested, by clicking on one of the choice presented below
If you have multiple service requests, please submit one form per request.X

Administrative request
Question regarding your lease access to the technician for internet, parking, mail, RL-31 slip, refund of a deposit, complaint, etc.



Request for repair
Electrical problems, plumbing, windows, doors, lock, intercom, plaster, painting, etc.



Request for cleaning and maintenance
Cleaning and maintenance of common areas, snow removal and maintenance of outdoor spaces, extermination, waste management: trash, recycling, food waste, etc.

Briefly describe the nature of your request:
Attachment (if necessary):
You can attach up to three files whose combined size does not exceed 20 MBX
In case of your absence, do you authorize the SHDM team to enter your home?

In all cases, a representative of the SHDM will contact you as soon as possible before going to your home.

By clicking "Send my request", you consent to the SHDM processing the personal information contained in this form to manage your request. The way the SHDM collects, uses, communicates, and retains personal information collected in the course of its activities is detailed in the Personal Information section. You may withdraw your consent at any time and request access and/or correction of your personal information by writing to the following email address: [email protected]

Fields in red are required. Make sure they are filled correctly.

Send the request

By clicking on "Send the request", a tracking number will appear on your screen. Please take note of it and communicate it to our team during your next follow-ups.