The affordable housing complex is slated to provide an estimated 200 units for the market
Federal and provincial authorities have announced an investment of nearly $31 million in the construction of a new affordable housing complex situated near Université Laval in Quebec City.
The L’Ardoise development by UTILE is designed to provide perpetual affordability while meeting ambitious environmental targets, according to Canada Mortgage and Housing Corporation.
“UTILE hopes that this project will address the lack of quality affordable housing in the area around Université Laval and the growing needs of this unique population: students,” the developer said.
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“Access to quality, affordable housing is one of the keys to students’ socio-economic success,” said Soraya Martinez Ferrada, Parliamentary Secretary to the Minister of Housing and Diversity and Inclusion. “It gives you peace of mind and financial security that allows you to focus on your education. And for municipalities, affordable housing provides economic growth and better job opportunities.”
“The construction of these 200 affordable housing units will reduce the pressure on the rental market in the neighbourhoods surrounding Laval University,” added Laurent Levesque, director general of UTILE.
