News
2025 Annual Report : The SHDM is evolving along with its image
The SHDM’s 2025 Annual Report is now available.
The past year marked the launch of our new 2025-2028 Strategic Plan and the implementation of the foundations that will guide our actions as we pursue our vision: building affordable housing in Montréal, now and for generations to come. In a context shaped by the housing affordability crisis, the SHDM continued to fulfill its mission as the City of Montréal’s real estate development arm and a leading player in affordable housing.
Highlights of 2025 include:
- A new brand identity reflecting our renewed vision, along with a complete redesign of our website to better meet the needs of our clients;
- The start of construction on the Gordon project, which will create 84 social and affordable housing units in the borough of Verdun;
- The acquisition of two new residential properties (29 housing units) and the former Solotech site in Rosemont-La Petite-Patrie, where 70 permanently affordable, non-market housing units will be developed;
- The transfer of twenty residential buildings from the City of Montréal to SHDM, ensuring the long-term affordability of 882 housing units;
- Investments of $12 million in the maintenance and improvement of the residential housing portfolio;
- The modernization of the office and reception areas at Place Dupuis to enhance employee well-being and support the organization’s growing needs.
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.
2024 annual report: building affordable housing
The SHDM’s 2024 Annual Report is now online! (Available in French only)
Marked by the development of a new strategic plan that sets out a renewed vision, 2024 was a year rich in achievements. Thanks to the expertise of our team members and strong collaboration with our partners, the SHDM continued to play a key role in addressing Montrealers’ affordable housing needs.
Highlights from 2024 include:
– Adoption of the 2025–2028 Strategic Plan, developed through a collaborative process with staff and stakeholders
– A major agreement with the City of Montreal to develop 1,000 off-market housing units by 2027
– Acquisition of five buildings totaling 140 housing units, which have been removed from the private market
– Resumption of the management of 138 housing units across 15 buildings
– $10.5 million invested in the maintenance of the property portfolio
You can consult the short version of the annual report, which includes summarized financial data, or the long version with detailed financial statements.
Both versions are also available as PDFs:
– Short Version
– Long Version
As of December 31, 2024, SHDM represents:
– 5,217 off-market affordable housing units
– 393 residential buildings
– 1 million sq. ft. of commercial space
– 3,925 Accès Condos units
– A debt ratio of 14%
– 146 employees
Congratulations and thank you to all our teams for their commitment to the SHDM’s mission—both in advancing our projects and in serving our clients.
Office building for sale near the Palais de Justice
The SHDM is offering a unique opportunity for those seeking to acquire a commercial building in the heart of Old Montreal.
Located at 164 Notre-Dame East Street, this 9,000 square foot building is ideally situated near the Palais de Justice of Montreal, making it ideal for setting up a law firm’s offices.
To learn more about the building and the terms for submitting an offer, you must obtain the documents available in the Quebec Government’s Electronic Tendering System (SEAO) here.
(Reference 1768197 – Notice 2023-071-VP-GI)
Deadline for receiving offers: November 29, 2023, at 10:30 AM.
For additional information or to arrange a visit, please contact: [email protected].
Messages to suppliers – COVID-19
In French only
Cher partenaire,
La Société d’habitation et de développement de Montréal (SHDM) suit de près l’évolution de la situation en lien avec le COVID-19. Afin de s’adapter rapidement à la situation, la SHDM souhaite vous avisez que les paiements seront maintenant effectués par le biais de versements électroniques seulement. Pour adhérer à ce nouveau mode de paiement, il vous suffit de nous faire parvenir par courriel les documents suivants :
- Une lettre de l’entreprise (par courriel)
- Un spécimen de chèque ou attestation du compte de votre institution financière
Les informations suivantes doivent être indiquées sur la lettre que vous nous transmettrez :
En-tête de lettre
- En-tête officiel de l’entreprise incluant nom, adresse et numéro de téléphone de l’entreprise
Coordonnées bancaires
- Nom et numéro de l’institution financière
- Nom, adresse et numéro de succursale (no de transit)
- Numéro de compte bancaire
Adresse courriel
- Adresse courriel pour la transmission de l’avis de paiement
Contact
- Nom et coordonnées d’un contact de l’entreprise
Signature
- Nom, titre, numéro de téléphone et signature d’une personne autorisée de l’entreprise
Les dépôts directs peuvent être effectués seulement dans une institution financière canadienne et en dollars canadiens. Veuillez nous faire parvenir toute demande d’information et d’adhésion, à l’adresse courriel suivante : [email protected] et spécifier « Paiement électronique » dans l’objet de votre envoi.
Transmission des factures
Nous vous demandons également de nous transmettre les factures par courriel seulement. Vous pouvez les transmettre à la même adresse : [email protected]
Nous vous remercions de votre compréhension et de votre collaboration au bien-être collectif. Toute notre équipe des finances est disponible pour vous accompagner dans cette période d’incertitude. Nous vous invitons à communiquer avec nous à l’adresse courriel ci-dessus pour toute question ou information additionnelle.
L’équipe des finances
Îlot Voyageur: The next phase of development is entrusted to the SHDM
The Société d’habitation et de développement de Montréal (SHDM) has been mandated by Ville de Montréal to carry out a pre-feasibility study to guide and oversee the development of the southern portion of Îlot Voyageur.
The SHDM’s mandate includes the development of a functional program and budget, a preliminary project and a technical pre-feasibility analysis, the definition of new zoning with the borough of Ville-Marie as well as a call for expressions of interest for the development of the southern portion of Îlot Voyageur.
« The SHDM has acquired unique expertise in the development of urban sites, adapting its interventions to each situation and the specific needs of the neighbourhood. The mandate given today by Ville de Montréal will enable us to get involved in an area that we know well. The Îlot Voyageur project will undoubtedly be a key component of the Quartier latin and we are very pleased to be part of it, » stated Nancy Shoiry, Executive Director of the SHDM.
Due to its outstanding location, close to the Berri-UQAM metro station, the Grande Bibliothèque, the Université du Québec à Montréal, the concert halls and Parc Émilie-Gamelin, this site is ideal for contributing to Ville de Montréal’s social and affordable housing objectives. The upcoming project could also form a civic hub with Ville-Marie Borough Hall, the Borough’s Citizens’ Services and administrative offices as well as a hub of administrative offices.