Programs and subsidies

Large large programes

Financial support to tenants

Two subsidy programs for special groups (low income households) make up part of the financing of housing cooperatives. According to its program, the cooperative reserves a percentage of its housing units to specific clientele.


RENT SUPPLEMENT (SAL) RENT SUPPLEMENT PROGRAM (PSL)

Provincial subsidy establishing the rent at 25 % of the family income. The subsidy is reserved for low income individuals and families and for handicapped people or people who find themselves in an exceptional situation.

  • One room appartment One person or a couple - $28,000
  • Two rooms appartment 2 or 3 people except couples - $33,000
  • Three rooms appartment 4 or 5 people - $38,000
  • Four rooms appartment 6 people - $55,000

RENT-GEARED TO INCOME SUBSIDY (RGI)

Federal subsidy paid by the Canada Mortgage and Housing Corporation to the cooperative who must then distribute the amount received between its members who spend a higher percentage of their income to pay their rent. Reserved for the cooperatives under the Section 95 program.


THE DIFFERENT PROGRAMS AND THE TYPES OF SUBSIDIES AVAILABLE

bande programme

FEDERAL PROGRAMS

  • Section 95 program (formerly called 56.1 Program) : A minimum of 15% of housing units are subsidized according to the RGI (rent-geared to income)
  • Section 61 program (formerly called 34.18 program : communities with mixed income, SAL PSL for certain projects according to the finances)
  • ILM program: 25 % of households receive a rent supplement (SAL) from the Rent supplement program (PSL).

QUEBEC PROGRAMS

  • AccèsLogis Québec, PARCO , (a buying-renovation program), RES-M (Résolution Montréal) : 40 % and more of the households receive a rent supplement (SAL)
  • PHASOM : low rents according to finances
  • PIQ (Programme intégré québécois) : some households receive rent supplement (SAL)
  • LAQ (Logement abordable Québec) : No subside to tenants. 75% of housing units are reserved for low incomes individuals and families.
  • PSBL-P program : PSBL-P is a distinct program where the household rent is calculated according to the By-law respecting the conditions for the leasing of dwellings in low-rental housing .

FECHIMM is in charge of the list of applicants for the cooperatives in the PSBL-P program via Central-Logement-Coop office (FR).