On Thursday morning, June 18, 2026, the City of Montreal announced a funding package of $25,110,800 to construct 350 affordable housing units in the Rosemont–La Petite-Patrie neighbourhood.
The allocation will be administered through a partnership with the Société de développement Angus, which will oversee the development of the new units. The city’s housing department will coordinate with the organization to ensure the project meets municipal standards for affordability and quality.
The initiative is part of the city’s broader strategy to increase the supply of affordable housing across Montreal. By targeting Rosemont–La Petite-Patrie, officials aim to address a growing demand for low‑cost rental options in a neighbourhood that has experienced rising rents in recent years.
Federal MP Soraya Martinez Ferrada was present at the announcement and reiterated the importance of federal‑municipal collaboration on housing. She noted that the funding will help bridge the gap for families and individuals who struggle to find affordable rentals in the city.
The $25,110,800 investment translates to an average of roughly $71,745 per unit, according to the city’s calculations. The budget covers land acquisition, construction costs, and initial community amenities. The project timeline projects completion of the first phase within two years, pending regulatory approvals.
The city will monitor the development’s progress and report on occupancy rates once the units become available. The new homes are expected to provide long‑term affordable rental options for residents of Rosemont–La Petite‑Patrie and contribute to the city’s overall housing stock.