Feds, Province, City Invest $49.5M in Montreal Affordable Housing Project

The federal, Quebec, and Montreal governments are jointly investing $49.5 million in an affordable housing project in the Bridge-Bonaventure district of downtown Montreal. The project will feature two residential high-rises, with the first phase starting in 2026 to include a 20-storey tower with 376 affordable units. Key contributors to the funding include Ottawa, Quebec, and the City of Montreal. The development aims to establish a mix of non-market and market housing in a growing area.