Social factors

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.

The Fonds immobilier invests either directly or indirectly in specialized funds managed by social economy enterprises. For example, the loans provided enable non-profit organizations, which lead these projects, to seize opportunities to purchase land or buildings while awaiting the necessary financing to complete a project. Thanks to these investments, people with reduced mobility, young single mothers, homeless youth, or those reintegrating into employment can access affordable and quality housing in a safe living environment.

Social, community and affordable housing funds

  • The Fonds immobilier de solidarité FTQ manages investments from the Government of Quebec and the Fonds de solidarité FTQ, totaling $512.5 million, with the goal of creating 2,250 affordable housing units by 2027.

    The projects, primarily led by non-profit organizations, are mainly new constructions, which may also include the acquisition of existing buildings with the goal of renovating them and maintaining affordable rents.

    For information:

    To submit your requests, which will undergo a rigorous governance process including project analysis, cost assessment, and due diligence:

  • The pooled $151 million will enable housing co-ops, NPOs and housing authorities to secure long-term financing to build or acquire and renovate 1,500 affordable housing units in Québec. Projects are developed by the Association des groupes de ressources techniques du Québec (AGRTQ).

    Fonds immobilier's participation: $31.5 million.

  • An investment fund currently financing the construction of 500 affordable, adapted units for individuals with a physical or intellectual disability.

    Fonds immobilier's participation: $11.7 million.

    WATCH THE PROJECT VIDEO (IN FRENCH ONLY)

  • Created by Phyllis Lambert, the FIM is a financial tool that enables non-profit organizations (NPOs) and housing co-ops to purchase properties for conversion into quality community housing.

    Fonds immobilier's total participation: $11.7 million.

  • An investment fund that provides loans to purchase land or buildings for community housing while awaiting funding from the Société d'habitation du Québec (SHQ) under the Accès Logis Québec program. Projects are overseen by the Groupe de ressources techniques (GRT) Bâtir son quartier.

    Fonds immobilier's total participation: $33.1 million.

  • The success of the FAM prompted other areas of Quebec to adopt the model to assist other member groups of the Association des groupes de ressources techniques du Québec.

    Fonds immobilier's total participation: $29.1 million.

  • Created in partnership with the Fiducie du Chantier de l'économie sociale, this fund provides funding to renovate community housing built in the 1980s with financing from the Canada Mortgage and Housing Corporation (CMHC).

    Fonds immobilier's participation: $21.0 million.

  • The Immosocial Québec fund provides cooperatives and NPOs with long-term loans for the acquisition or renovation of properties slated for community housing or workspace for community organizations and collective enterprises. The fund is administered by the Association des groupes de ressources techniques du Québec (AGRTQ).

    Fonds immobilier's participation: $10.0 million.

  • A project of NPO Gérer son quartier involving the acquisition of 726 units spread over 111 buildings in Montréal that will be renovated and converted into affordable housing.

    Fonds immobilier's participation: $9.5 million.

    WATCH THIS PROJECT VIDEO (IN FRENCH ONLY)

  • An investment fund whose goal is to finance the construction of affordably-priced student housing (300 apartments and 500 rooms). Construction is overseen by the not-for-profit Unité de travail pour l'implantation de logement étudiant (UTILE).

    Fonds immobilier's participation: $5.5 million.

    LISTEN TO OUR PODCAST ABOUT UTILE (IN FRENCH ONLY)

  • Bridge funding for the Centre à nous community and cultural services centre in Repentigny to enable the construction of a new pavilion to house community organizations.

    Fonds immobilier's participation: $5.0 million.

  • Bridge funding to renovate and expand the facilities of the NPO Institut Pacifique, which provides services to school communities and youth to prevent violence and psychosocial issues.

    Fonds immobilier's participation: $2.3 million.

  • Bridge funding for the acquisition of commercial space to house two daycare centres in Montréal's Griffintown neighbourhood.

    Fonds immobilier's participation;: $5.5 million.

  • Temporary financing for NPO S.I.L.A. related to TRG Nouvel Habitat in Lévisto renovate a housing complex of 84 affordable housing units.

    Fonds immobilier's participation: $1.9 million.

  • Acquisition and redevelopment of a building in Montréal to relocate the Centre d'intégration scolaire, a French-language school specializing in the social, affective and academic re-education of students in crisis.

    Fonds immobilier's total participation: $2.1 million.

  • An investment fund to enable the construction, acquisition or renovation of buildings for NPOs. The fund is administered by the Fiducie du Chantier de l'économie sociale.

    Fonds immobilier's total participation: $6.0 million.

  • Bridge financing for the acquisition of land and predevelopment work for the construction of 104 student housing units.

    Fonds immobilier's participation: $1.5 million.

    LISTEN TO OUR PODCAST ABOUT UTILE (IN FRENCH ONLY)

  • Loans for the NPO Action-Réinsertion to build 18 studio apartments and rooms for people experiencing homelessness. Action-Réinsertion receives support from the GRT Atelier Habitation Montréal.

    Fonds immobilier's participation: $1.0 million.

  • Bridge financing to allow the GRT Entraide Habitat Estrie to build a 16-unit housing co-op.

    Fonds immobilier's participation: $1.0 million.

  • Loan for a 204-unit student housing building developed by the NPO UTILE.

    Fonds immobilier's participation: $2.8 million.

    LISTEN TO OUR PODCAST ABOUT UTILE (IN FRENCH ONLY)

ESG commitments for responsible investments

Check out these episodes highlighting the social aspect of ESG factors.

Changing lives

Han-Logement is an organization that creates housing for people with physical or intellectual disabilities and those with autism spectrum disorders. Han-Logement is changing lives one home at a time by building adapted housing at affordable prices.

Video in French only

ESG: The social factor and Les Habitations Le Domaine

A project of NPO Gérer son quartier involving the acquisition of 726 units spread over 111 buildings in Montréal that will be renovated and converted into affordable housing.

Video in French with English subtitles

Bâtir un avenir durable avec les critères ESG : our French-language podcast

Listen to this podcast episode (in French only), produced in collaboration with Constructo, to learn more about how we integrate ESG factors into our real estate projects.

"Faire œuvre UTILE avec l'économie sociale"

Although the housing crisis has been the subject of much discussion for several years now, and affordable housing is in short supply, particularly for students, little progress seems to have been made in these areas. What if the UTILE business model could change all that?

Do you have a real estate project?[1]

Learn all about the investment solutions we can offer your business.

514-847-5700
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    Partnering with the Fonds immobilier for the purpose of carrying out real estate projects is conditional on compliance with its investment criteria and the authorization of its governing bodies.