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Housing Financing Program
Last Update: March 25, 2026
Quebec, Canada
Financing support for housing projects
Loans and Capital investments
Overview
This program supports housing projects for low- and modest-income households and people with special housing needs. It provides financial assistance for new construction and renovation projects, including affordable, intermediate-affordable, and cost-based rental housing.
At a glance
Funding available
Financing goals
- No objectives are currently available
Eligible Funding
- Up to 100% of project cost
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- Construction
- Real estate and rental and leasing
- Educational services
- Health care and social assistance
Location
- Quebec
Legal structures
- Financial cooperative
- Non-profit
- Public or Parapublic institution
- For-profit business
- Non-financial cooperative
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Canadians
Non-profit candidates
Sector of operation
- Higher Education
- Social Services
- Emergency and Relief
- Housing
Target groups
- All the groups
Revenue structures
- All structures
Scope
- Provincial
Activities funded
- New housing construction projects
- Renovation projects following a purchase or donation of an existing building
- Affordable housing projects
- Intermediate-affordable housing projects
- Cost-based rental housing projects
Documents Needed
- Applicant incorporation documents or letters patent
- Board resolution authorizing the application
- Project cost budget
- Five-year budget forecast
- Financial statements and annual reports from the last two years
Eligibility
- The applicant must work in housing.
- The project must be in Quebec.
- The project must involve new construction or renovation.
- The applicant must have the financial capacity to carry out the project.
- The applicant must have relevant real estate development experience.
Who is eligible?
- Housing cooperatives
- Non-profit organizations
- Housing offices
- Legally constituted and registered persons, trusts, partnerships, or groups
- Recognized post-secondary educational institutions in Quebec
Who is not eligible
- Individuals
- Applicants registered in the RENA
- Public establishments, private conventioned establishments, and intermediate resources, unless they also operate a private seniors' residence
Eligible expenses
- Property acquisition and related costs
- Project development and planning expenses, including permits and financing interest
- Professional fees for studies, reports, design, and construction follow-up
- Construction costs and standard site preparation
- Standard furniture for common areas in eligible residential spaces
Ineligible Costs and Activities
- Furniture or appliances for non-chamber units
- Dishware, utensils, kitchen accessories, bedding, cleaning, and maintenance products
- Housing adaptation works
- Water and sewer connection works to the land
- Costs linked to contractors registered in the RENA
Eligible geographic areas
- Quebec
Selection criteria
- Quality of the project financing structure
- Applicant experience in construction and property management
- Financial capacity and financial history
- Project quality, location, and readiness
- Project type and share of affordable units
How to apply
- Step 1: Prepare the application
- Complete the prescribed application form.
- Gather the required supporting documents.
- Step 2: Submit to the SHQ
- Send the application and documents to the Société d'habitation du Québec.
- Applications may be submitted on an ongoing basis.
- Step 3: Review and selection
- The SHQ reviews the file and assesses the project.
- The applicant receives a written decision.
- Step 4: Finalize funding
- If selected, provide any additional information requested.
- Sign the funding agreement before the assistance is confirmed.
Processing and Agreement
- Applications are reviewed as they are received.
- The applicant is informed in writing of the decision within 45 business days.
- Selected applicants receive a selection letter with any additional information needed to finalize the assessment.
- If approved, a financial assistance agreement must be signed before funding is confirmed.
- If not selected, the applicant receives a refusal letter.
Additional information
- Applications are accepted on an ongoing basis.
- The program is administered by the Société d'habitation du Québec.
- A financial assistance agreement is required before funding is confirmed.
- Some projects may be subject to ongoing reporting and monitoring requirements.
