by Lorraine Carpenter, Local Journalism Initiative reporter

The City of Montreal and the Société d’habitation et de développement de Montréal (SHDM) have launched a partnership that will ensure the development of 1,000 off-market affordable housing units over the next three years.

300 of these units will be reserved for people at risk of or experiencing homelessness.

“This agreement aims to accelerate housing construction and protect more units from speculation.”

This news follows a similar announcement last week about the forthcoming development of off-market student housing in Montreal.

Projet Montréal has also announced a new project that will bring 200 social housing units to Verdun. This first stage of the green redevelopment of the Hickson-Dupuis area could lead to the addition of 500 additional housing units.