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Housing

Housing

Housing

$1B for housing affordability

$650M to expand and maintain the social housing stock
$350.7M over 5 years to support Quebecers facing rising housing costs

Details

  • $650M to expand and maintain the social housing stock:
    • Build 1,500 new affordable housing units (over 5 years);
      • 1,000 affordable housing units;
      • 500 affordable housing units in collaboration with the private sector;
    • Support the creation of 450 housing units funded by the Rapid Housing Initiative;
    • $191.5M to accelerate the completion of 3,300 AccèsLogis housing units (in 2022-2023);
    • Set up a pilot project to install modular housing that meets the needs of the health sector;
    • Renovate the low-rental housing stock (in 2023-2024).

 

  • $350.7M over 5 years to support Quebecers facing rising housing costs:
    • $291.7M to enhance the housing component of the refundable solidarity tax credit;
      • The housing component of the refundable solidarity tax credit will be indexed at a rate of 12.88% in July 2023;
    • $59M to support households in need of housing;
    • $53.2M to grant 2,000 units under the Rent Supplement Program;
      • $5.8M to help municipalities and housing bureaus.