
Financial assistance program for the preservation of community buildings
Last Update: June 2, 2025
QC, Canada
Supports preservation and improvement of social and community housing
Financial assistance program for the preservation of community buildings at a glance
Eligible Funding
- Up to 75% of project cost
Timeline
- Open Date : January 1, 2024
- Closing date : March 31, 2027
Financing Type
Grant and Funding
Loans and Capital investments
Eligible Industries
- Real estate and rental and leasing
- Health care and social assistance
- Other services (except public administration)
- Public administration
Grant Providers
- Quebec Housing Society (SHQ)
Status
Open
Overview of the Financial assistance program for the preservation of community buildings program
The Financial Assistance Program for the Preservation of Community Buildings provides support of up to 75% of the eligible contribution to maintain and enhance social and community housing stock in Quebec. Funding covers upgrades, renovations, energy efficiency improvements, and financial stabilization for eligible non-profit property owners.
Financing terms and conditions
- Financial assistance includes a loan guarantee by the SHQ in favor of an accredited lender for the full amount of an additional loan to the organization.
- An additional grant equivalent to the interest payable on the portion of the additional loan corresponding to the amount contributed by the organization, up to a maximum of 75% of the amount of that contribution.
- The total amount of grants received by an organization for all applications cannot exceed 75% of the total contribution made by that organization.
Eligible projects & activities
- Undertaking renovations or upgrades identified in the building's health assessment to ensure property longevity and quality.
- Integrating components that enhance energy efficiency, performance, or durability of community housing buildings.
- Adding new facilities or equipment to improve the functionality or services of the building.
- Refinancing existing debt or restructuring finances to address organizational recovery needs following major renovation costs or unavoidable expenditures.
Eligibility criteria of the Financial assistance program for the preservation of community buildings program
- The applicant must have sufficient financial capacity to meet its financial obligations, including repayment of any additional loan.
- The applicant must have already received financial assistance for the targeted property or properties under one of the following programs: AccèsLogis Québec (ACL), Logement abordable Québec (LAQ), or Programme d’achat-rénovation pour la réalisation de logements coopératifs et sans but lucratif (PARCO); or must have become the owner following a transfer or merger with such an organization, assuming all associated operational obligations.
- The application must include audited financial statements for the past two fiscal years, budget forecasts for the next three fiscal years, and a building health assessment (BSI) less than five years old, as applicable.
Who is eligible?
- Non-profit organizations owning social or community housing
- Cooperative housing organizations
- Organizations that have previously received funding under the AccèsLogis Québec (ACL), Logement abordable Québec (LAQ), or Programme d’achat-rénovation pour la réalisation de logements coopératifs et sans but lucratif (PARCO)
Who is not eligible
- Organizations that have not previously received financial assistance under the AccèsLogis Québec (ACL), Logement abordable Québec (LAQ), or Programme d’achat-rénovation pour la réalisation de logements coopératifs et sans but lucratif (PARCO) for the building(s) in question.
- Companies that do not own, or have not acquired, eligible buildings through authorized transfer or merger with a previously assisted organization under the specified programs.
- Interventions solely focused on adding new housing units to existing buildings are not eligible, though this restricts projects rather than organizations per se.
Eligible expenses
- Works identified in the building condition assessment (BSI).
- Integration of components that improve energy efficiency, performance, and durability of the building elements.
- Addition of new amenities or equipment to the building(s).
- Refinancing of debts and expenses related to financial restructuring due to major renovation work supported by the SHQ or operating deficits resulting from unavoidable expenses.
Eligible geographic areas
- Companies and organizations established in Quebec
Eligibility criteria of the Financial assistance program for the preservation of community buildings program
- Compliance of the financial assistance application: Alignment with the objectives and criteria of the PPPIC program.
- Quality of the financial assistance application: Clear and comprehensive description of the proposed intervention.
- Urgency of the intervention: Priority given to interventions ensuring the health and safety of tenants as well as the building's watertightness, structural integrity, and overall condition.
- Relevance of the intervention: The intervention responds to at least two of the following—extends the building’s useful life, improves quality, ensures future financial viability, significantly reduces maintenance or energy costs, or increases the level or quality of services.
- Repayment capacity of the organization: Financial analysis demonstrating the organization’s ability to meet new financial obligations.
How to apply to the Financial assistance program for the preservation of community buildings program
1
Check eligibility requirements
- Review eligibility criteria including financial capacity and program-specific requirements
- Confirm property eligibility based on previous financial assistance received
2
Prepare application and documents
- Download and complete the financial assistance application form
- Prepare required documents such as audited financial statements, budget forecasts, and building health report
3
Submit the application
- Submit the completed application form and all supporting documents to the SHQ
4
Await SHQ's decision
- Wait for evaluation by SHQ based on compliance, quality, urgency, pertinence, and repayment capacity
- Monitor for communication of the decision by email
Additional information
- The PPPIC is valid until March 31, 2027.
- An organization can submit more than one application for the same building or group of buildings, provided requirements are met.
- All decisions on grant applications are communicated by email from the SHQ.
- Supporting documents such as audited financial statements and budget forecasts are required as part of the application process.
Contact Quebec Housing Society (SHQ)
demandepppic@shq.gouv.qc.ca
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