Montreal is set to receive a $50 million boost for a major rental project, promising new homes and community growth.
Montreal: The Canadian government just announced a hefty investment of nearly $50 million for a new rental project. This is a big deal for the MileBrook development, which will have 144 purpose-built rental units.
Located at the eastern end of the island, MileBrook is set to be the largest mixed-use residential project in the area. When it’s all done, it’ll offer over 800 rental units, which is pretty impressive.
Caroline Bourgeois, the Mayor of Rivière-des-Prairies–Pointe-aux-Trembles, shared how important this project is for the community. She mentioned that it’ll not only provide new homes but also bring in much-needed businesses.
What’s cool is that the project is designed with sustainability in mind. There will be green spaces, green roofs, and even a community garden to make the living environment better for everyone.
The Routhier Monette Family, who have been working on this project for four years, expressed their excitement. They’ve had this land for 35 years, hoping to create a safe place for families in the East.
They’re also focusing on environmental responsibility, aiming for LEED Platinum certification. The units will be 25% more energy-efficient than what’s required by the building code.
Housing Minister Nathaniel Erskine-Smith emphasized that this investment is crucial for ensuring Quebec families have safe and affordable homes. It’s a step towards tackling Canada’s housing crisis.
Plus, the project is committed to supporting local families and businesses, especially vulnerable communities. They’re partnering with the Fondation Louis-Charles Routhier to provide affordable housing for single mothers.
Valérie Larouche from Mères avec pouvoir explained how this collaboration will help many families find homes. It’s all about promoting the well-being of women and their children.
The funding comes from the Apartment Construction Loan Program, which aims to stimulate rental housing construction across Canada.
Minister Soraya Martinez Ferrada highlighted that rental housing is key to building healthy communities. This project is more than just homes; it’s about creating a thriving community for families.
