Devimco agrees to pay $ 2.6 million for social and affordable housing

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MONTREAL | real estate developer Devimco is committed to pay $ 2.6 million to the Fund for the contribution to the Strategy for inclusion of affordable housing in the City of Montreal.

By paying voluntarily the amount to Fund a contribution to the Strategy of inclusion of housing, Devimco will contribute to the building of social and affordable housing in the montreal area.

The news was announced by the mayor of Montréal, Valérie Plante, at the regular meeting of the borough council of the borough of Ville-Marie, on Tuesday evening.

We don’t know for the moment if the new residential complex Mastery of Devimco, which will be built on the site of the old Spectrum, in the Quartier des spectacles, will include a component of social housing. It has not been possible to speak to the public relations firm that handles the company on Wednesday.

The Fonds immobilier de solidarité of the FTQ will invest for its share of a $ 7.5 million additional in real estate projects in social or community at the centre of the city.

The two contributions totaling $ 10.1 million, which welcomes the mayor Plant.

“I am very happy that the vision of inclusion and diversity of our directors generates concrete results and that of the promoters and real estate developers adhere to it and contribute to it, even for projects not requiring a change to the settings of urban planning,” said Ms. Plante, who is also mayor of the borough of Ville-Marie, by issuing a press release.

“Their precious collaboration to meet the needs of the population of montreal is encouraging and shows us that everyone can be part of the solution to improve the social mix in our neighbourhoods,” she added.

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Recall that the administration Plant wants to construct 12,000 new social and affordable housing over the next few years in the metropolis, a strategy that was unveiled last year.