MRC Charlevoix-Est — Financial Assistance to Support Rental Housing
QC, Canada
Support for rental housing development in Charlevoix-Est
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|closingDateJanuary 31, 2025
- grant_single|grantStatusClosed
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- Construction
grant_single|grantors
- MRC Charlevoix-Est
grant_single|status
grant_card_status|open
grant_single_labels|preview
The "Fonds régions et ruralité" – Axis 4 grant aims to support the construction and renovation of long-term residential rental housing in economically weakened regions, with a maximum funding amount of $150,000 per project. Eligible activities include the construction of new residential units and the transformation of buildings to add additional rental units, provided they meet specific criteria and do not commence before application submission.
grant_single_labels|projects
This grant supports projects focused on increasing the availability of long-term residential rental housing in economically challenged areas. The eligible activities aim to foster community growth and improve local housing infrastructure.
- Construction of new residential housing with a minimum of four independent rental units not occupied by the owner.
- Adaptation and conversion of an existing building to create at least two additional independent rental units not occupied by the owner for residential purposes.
grant_single_labels|admissibility
Eligibility for this grant is determined by specific requirements related to the applicant's profile and activities in Quebec.
- The applicant must be a local municipality, an intermunicipal board, an Indigenous community, a private company (excluding those in the financial sector), a cooperative (excluding those in the financial sector), or a non-profit organization.
- All eligible organizations must be based in Quebec and conduct their activities there.
- Applicants must not be listed on the Register of enterprises ineligible for public contracts.
- Applicants must not be involved in legal disputes with the Government of Quebec.
- Applicants must not be in default of fulfilling obligations towards the Minister as required by applicable laws, regulations, or agreements.
grant_eligibility_criteria|who_can_apply
The evaluation and selection of projects for this grant are based on specific criteria that aim to assess the quality and strategic importance of the proposed initiatives. Projects must demonstrate certain attributes to be prioritized for funding.
- The quality of the project implementation plan, showing strong links between steps, activities, resources, and targets.
- Projects that can be completed quickly are favored.
- Multi-unit housing projects are given preference.
- Projects comprising units with three or more bedrooms are prioritized.
- Construction projects certified under the Novoclimat standard are more likely to be selected.
- Projects that demonstrate a structuring and/or strategic character for the MRC are considered favorably.
grant_eligibility_criteria|who_cannot_apply
This grant excludes certain companies due to their eligibility status and financial activities. The restrictions ensure alignment with the government's contractual and financial regulations.
- Companies registered in the Register of Enterprises Ineligible for Public Contracts.
- Companies involved in litigation with the government of Quebec.
- Companies non-compliant with obligations imposed by laws or agreements managed by the minister.
- Private companies in the financial sector.
- Cooperatives in the financial sector.
grant_eligibility_criteria|eligible_expenses
The eligible expenses for this grant include costs directly associated with the creation or adaptation of residential rental housing.
- Costs of constructing residential rental housing units for year-round occupancy.
- Expenses related to transforming an existing building to add new residential rental units.
grant_eligibility_criteria|zone
This grant is available to companies operating within certain geographical areas of Quebec. The eligible areas are specified to support regions with specific developmental needs.
- Companies located within municipal regions (MRC) in Quebec.
- Areas under the jurisdiction of local Quebec municipalities.
- Regions with economic vitality index in the 5th quintile as specified by the Quebec Institut de la statistique.
grant_single_labels|criteria
The evaluation and selection of projects for this grant are based on specific criteria to ensure they align with the grant's objectives and support the revitalization of designated areas in Quebec.
- The quality of the project's implementation plan, including clear links between steps, activities, resources, and targets.
- Preference for projects that can be executed quickly.
- Preference for multi-unit housing projects.
- Preference for projects that include units with three or more bedrooms.
- Preference for construction projects certified by the Novoclimat program.
- Preference for projects that demonstrate a structuring or strategic impact for the regional county municipality (MRC).
grant_single_labels|register
Here are the steps to submit an application for this grant:
- Step 1: Prepare Application
- Review the eligibility criteria to ensure your organization qualifies.
- Prepare a clear and detailed project description.
- Ensure your project aligns with the objectives of the grant.
- Compile a comprehensive financial plan including all sources and uses of funds.
- Gather all necessary supporting documents, such as resolutions and financial statements.
- Step 2: Application Submission
- Complete the application form titled "Aide financière pour la construction de logements locatifs," available on the MAMH website.
- Ensure all sections of the form are accurately filled out.
- Submit the application form and all required documents to the regional office of MAMH via the method specified on their website.
- Step 3: Post-Submission
- After submission, monitor communications for any feedback or requests for additional information from MAMH.
- Keep track of your application status through any provided reference number or portal.
grant_single_labels|otherInfo
Here are some additional relevant details for this grant:
- The maximum financial aid per project is capped at $150,000, with no possibility of increase once granted.
- Applicants are required to ensure compliance with all applicable municipal regulations during construction.
- The awarded financial aid can only come in the form of monetary contributions or land transfers from the community.
- A financial assistance agreement outlining the disbursement conditions and obligations will be signed between the organization and the minister.
- The financial assistance for this grant is considered a "last resort" measure, emphasizing the need to demonstrate efforts in securing other financial contributions.
- The timelines for construction must align with the stipulation that it should commence within two years following the funding approval.
- Specific reporting and proof of long-term rental engagement are required, such as submitting lease agreements to the regional MAMH office.
Apply to this program
Boosting Economic Vitality through Housing Support
The grant aims to invigorate economically challenged regions within Quebec by supporting the construction and adaptation of rental housing. This initiative targets municipalities with low economic vitality, fostering community growth and stability.
Understanding the "Fonds régions et ruralité" Grant for Housing Projects
The "Fonds régions et ruralité" grant, particularly under its 4th component, is strategically directed towards revitalizing areas in Quebec with diminished economic vitality. Administered by the Ministère des Affaires municipales et de l’Habitation (MAMH), this grant serves as a necessary intervention for municipalities within the entitlement of low economic vigour to enhance their accommodation strategies. In recognizing the pivotal role that adequate housing plays in fostering community and economic growth, the grant facilitates substantial financial support for projects that align with crucial societal needs, such as residential expansion and renovation initiatives, intended to strengthen the rental housing stock.
The funding scheme is nuanced, tailored specifically to address both the current shortage in rental housing and the broader issue of regional economic resilience. By granting financial aid to local municipalities, indigenous communities, and non-profit organizations, it empowers them to pursue new construction projects or adaptations that will add significant value to their community’s housing resources. Key eligibility criteria stipulate that projects must lead to the creation or significant alteration of rental units intended for long-term leases, ensuring a sustained impact on the housing market.
Crucially, this funding enables communities—identified by their placing in the lower quintile of economic vitality indices—as reported by the Institut de la statistique du Québec, to overcome financial barriers that might have otherwise hindered critical housing developments. It does this by subsidizing a portion of the costs tied directly to the structural development of new residential units or the substantial alteration of existing structures for rental purposes.
The support provided by the grant is stringent in its stipulations that ensure both adherence to provincial regulations and successful project completion. This includes requirements such as the deployment of accredited contractors and adherence to local zoning laws. Moreover, the allocation of funds under this program is meticulously measured, offering aid up to a maximum of $150,000 per project, which comprises direct contributions to a significant percentage of the eligible expenditure on construction—crucially capped to avoid overly extensive reliance on the program.
Beyond merely the construction aspect, the program has profound implications for community development. By bolstering the availability of affordable housing, it directly contributes to local economic development, potentially sparking wider economic activities and attracting residents and businesses. This ripple effect is particularly felt in regions struggling to retain or attract the workforce needed to sustain economic growth, making this grant a vital instrument for local governments aiming to enhance both their socio-economic landscape and demographic appeal.
In conclusion, the "Fonds régions et ruralité" grant stands out as a beacon of opportunity for municipalities within Quebec to invigorate their communities through thoughtful development of rental housing. While it bridges the funding gaps inherent in low economic context areas, it simultaneously encourages a strategic approach towards sustainable regional development and economic revitalization.
