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By Morgan Lowrie
The $7.28 billion funds unveiled in the present day by Mayor Valérie Plante features a promise to extend the town’s housing division funds by $100 million over the following three years as its strikes to construct extra sponsored housing.
The town additionally plans so as to add extra constructing inspectors, improve help to tenants rights organizations and proceed to purchase up rooming homes that supply low-cost housing.
Montreal’s funds contains an extra $3 million for preventing homelessness, bringing the entire funds to almost $10 million.
The spending can be financed partly by property tax will increase that can common 2.2 per cent for residential buildings and 1.9 per cent for non-residential.
Plante says the town can be waiving a charge that non-profits and neighborhood organizations pay in lieu of property taxes, which she says quantities to $10.5 million in financial savings per 12 months for 700 organizations.
This report by The Canadian Press was first revealed Nov. 20, 2024.
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homelessness housing affordability housing initiatives Montreal municipalities Quebec Regional The Canadian Press Valérie Plante
Final modified: November 20, 2024
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