MRC Charlevoix-Est — Financial Assistance to Support Rental Housing
grant_single|update March 7, 2025
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|closingDate January 31, 2025
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|terms_and_conditions
The grant provides structured financing modalities designed to aid the development of rental housing projects within specified municipalities. These modalities ensure responsible allocation and usage of funds based on project characteristics and progress.
- A maximum financial assistance of 10,000 CAD for a new rental unit with one bedroom and 15,000 CAD for units with two or more bedrooms, up to 33% of eligible expenses.
- The total financial assistance available per project is capped at 150,000 CAD with no possible increase after approval.
- Initial disbursement of up to 50% of the total grant amount is available upon signing the financial assistance agreement and issuance of the construction permit.
- The final payment is released upon project completion and submission of long-term lease agreements verifying occupancy.
- The financial contribution can only be in the form of direct monetary support or land transfer.
grant_single_labels|projects
This grant supports initiatives that focus on the growth and development of rental housing projects within designated areas. The eligible projects are centered on construction and adaptation of buildings to expand the local rental housing market.
- Construction of new residential buildings for long-term rental purposes with a minimum of four autonomous rental units not occupied by the owner.
- Adaptation and transformation of existing buildings into rental housing, adding at least two new autonomous rental units not occupied by the owner.
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 specifically available to organizations and businesses situated in the Province of Quebec, with a focus on the MRC regions facing economic vitality challenges. It targets geographical areas within Quebec requiring support in developing rental housing infrastructure.
- Businesses and organizations located within the Province of Quebec.
- Companies operating in MRC regions of Quebec with low economic vitality as determined by the economic vitality index.
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).
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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.