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Program authorizing the financing of the operating deficit of certain low-income housing projects
Funds operating deficits for low-income housing organizations in Quebec
Last Update: June 10, 2026
Funding available
Up to 100% of project cost
Timeline
- Open Date : December 20, 2023
- Closing date : December 31, 2026
Location
Quebec, Canada
Overview
The Program Authorizing the Financing of the Operating Deficit of Certain Low-Income Housing Projects provides up to 100% funding of the annual operating deficit for eligible low-income housing entities in Quebec. Its purpose is to ensure the continued availability of affordable housing by covering the gap between rental income and operation costs for qualified cooperatives, non-profit organizations, and housing offices.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase social or community impact
- Improve governance or administrative structure
- Renovate or expand facilities
Eligible Funding
- Up to 100% of project cost
Timeline
- Open Date : December 20, 2023
- Closing date : December 31, 2026
Eligible candidates
Eligible Industries
- Real estate and rental and leasing
- Other services (except public administration)
- Public administration
Location
- Quebec
Legal structures
- Non-profit
- Public or Parapublic institution
- Non-financial cooperative
- Social economy enterprise
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Non-profit candidates
Sector of operation
- Social Services
- Economic, Social and Community Development
- Housing
Target groups
- Low-income individuals / families
Revenue structures
- All structures
Scope
- Municipal
- Provincial
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Financing of operating deficits for low-income housing projects (HLM) that no longer have existing government authorization.
- Support for renovated, expanded, or reconstructed low-income housing buildings requiring new operational funding agreements.
Eligibility
Who is eligible?
- Cooperatives owning or managing eligible low-income housing projects
- Non-profit organizations owning or managing eligible low-income housing projects
- Housing offices (offices d’habitation) owning or managing eligible low-income housing projects
Who is not eligible
- Private for-profit companies not operating as a cooperative, non-profit organization, or housing office.
- Entities that do not own or manage eligible low-income housing projects (HLM) as defined by the program.
Eligible expenses
- The annual operating deficit of eligible low-income housing properties, calculated as the difference between operating revenues and operating expenses according to the regulatory framework in force.
Eligible geographic areas
- Quebec
How to apply
- Step 1: Review Program FrameworkConsult the current normative framework of the Program and the relevant PSBL (Programme de logement sans but lucratif) guidelines as approved by the Conseil du trésor.
- Step 2: Prepare Application DocumentsGather financial documentation detailing the annual operating deficit of the eligible low-income housing projects (E.I.).
- Compile evidence of compliance with the applicable PSBL standards and regulations.
- Step 3: Enter Into Operating AgreementEnsure an operating agreement is in place or updated with the Société d’habitation du Québec for the eligible E.I., including municipal participation if applicable.
- Step 4: Submit Application to the Société d’habitation du QuébecForward the complete application with all supporting documents directly to the Société d’habitation du Québec for review and processing, as per the established PSBL procedures.
- Step 5: Await Assessment and ConfirmationThe Société d’habitation du Québec assesses the application based on the established framework.
- Receive confirmation regarding the granting of financial assistance and next steps for disbursement.
Additional information
- The program is authorized for the period ending December 31, 2026.
- An evaluation of the program will be submitted to the Secrétariat du Conseil du trésor by August 31, 2026.
- The Société d'habitation du Québec is responsible for maintaining operating agreements with involved organizations and municipalities throughout the duration of the program.
Frequently Asked Questions about the Program authorizing the financing of the operating deficit of certain low-income housing projects Program
What is the Program authorizing the financing of the operating deficit of certain low-income housing projects?
The Program Authorizing the Financing of the Operating Deficit of Certain Low-Income Housing Projects provides up to 100% funding of the annual operating deficit for eligible low-income housing entities in Quebec. Its purpose is to ensure the continued availability of affordable housing by covering the gap between rental income and operation costs for qualified cooperatives, non-profit organizations, and housing offices.
How much funding can be received?
Program authorizing the financing of the operating deficit of certain low-income housing projects Funds up to 100% of admissible expenses.
What is the deadline to apply?
The application deadline for this grant program is December 31, 2026. Applicants must submit their complete application before this date to be considered for funding.
Who is eligible for the Program authorizing the financing of the operating deficit of certain low-income housing projects program?
To be eligible for the Program authorizing the financing of the operating deficit of certain low-income housing projects program, you must:
The applicant must be a housing cooperative, a non-profit organization, or a housing office managing eligible low-income housing projects.
What expenses are eligible under Program authorizing the financing of the operating deficit of certain low-income housing projects?
Financing of operating deficits for low-income housing projects (HLM) that no longer have existing government authorization.
Support for renovated, expanded, or reconstructed low-income housing buildings requiring new operational funding agreements.
Who can I contact for more information about the Program authorizing the financing of the operating deficit of certain low-income housing projects?
You can contact Quebec Housing Society (SHQ).
Where is the Program authorizing the financing of the operating deficit of certain low-income housing projects available?
The Program authorizing the financing of the operating deficit of certain low-income housing projects program is available the province of Quebec.