Community Housing

Community Housing

A socially responsible investor

Out of solidarity for and with a view to fostering social diversity and cohesion, the Fonds immobilier invests in social, community and affordable housing projects. In the process, it contributes to the well-being of low- and modest-income households.

To date, the Fonds immobilier has invested $69 million in specialized funds managed by social economy enterprises, which use the funds to purchase land or property for projects awaiting funding. As a result of these investments, 3,546 quality dwellings have been built or renovated, providing a diverse clientele that includes persons with reduced mobility, homeless youth reintegrating into the job market and young single mothers with quality, affordable housing in safe neighbourhoods.

HABITATIONS SANS FRONTIÈRES

Logements communautaires

Affordable community housing in Charlesbourg for low- and modest-income households, including semi-independent people.

Investment fund: Fonds d’acquisition québécois
Partner : Association des groupes de ressources techniques du Québec

LE DOMAINE

Acquisition of a complex in Pointe-aux-Trembles consisting of 6 buildings housing 114 apartments by Corporation Mainbourg Habitation, which proceeded to make major renovations to the property.
Fonds d’investissement : Fonds d’investissement de Montréal (FIM)
Partners : Corporation Mainbourg habitation, Bâtir son quartier

Social, community and affordable housing funds

Fonds d’investissement de Montréal (FIM)

Launched by Phyllis Lambert in 1997, the FIM is a financial tool funded by businesses interested in furthering the development of community housing. The FIM’s investments are coordinated by the social economy enterprise Bâtir son quartier.

Fonds d’acquisition de Montréal (FAM)

Created in 2007 by Bâtir son quartier, the FAM provides loans to purchase properties slated for community housing projects in cases where the acquisition process is hindering the project.

Fonds d’acquisition québécois (FAQ)

The success of the FAM prompted other areas of Québec to adopt the model to assist other member groups of the Association des groupes de ressources techniques du Québec. These groups turned to the Fonds immobilier to develop tools to support community housing throughout Québec, with the result that the Fonds d’acquisition québécois (FAQ) was launched in 2009.

Fonds d’aide à la rénovation de l’habitation communautaire

Launched in 2015 by Fiducie du Chantier de l’économie sociale, the Fonds d’aide à la rénovation provides funding for renovations aimed at updating social and community dwellings from a technical and functional point of view.

At May 31, 2017

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