The Société d’habitation et de développement de Montréal (SHDM) has presented its 2025 budget and the Three-Year Capital Investment Program to the City of Montreal’s Finance and Administration Commission.
Here are the key priorities:
- Create optimal conditions to generate more affordable off-market housing for a diverse clientele, with a goal to acquire or begin construction on 1,000 units by July 2027.
- Evaluate opportunities to acquire buildings to ensure long-term affordability of rents and expand efforts in this area.
- Develop a new sustainable homeownership program to increase access to property ownership.
- Invest in maintaining the affordable off-market residential housing stock, with significant allocations in the 2025-2027 Three-Year Capital Investment Program (PTI), while ensuring rent affordability despite the challenging economic climate. Notably, $73.5 million will be invested across 138 residential asset maintenance projects.
Now more than ever, SHDM continues its efforts by working closely with partners to provide off-market housing solutions for Montrealers.
For more information (only in french)