The plan, launched in partnership with the province’s municipalities, will subsidize the development of new water infrastructure in cities and towns, Quebec Premier Christine Fréchette said. In order to qualify for funding, 75 per cent of the planned residential units resulting from the new infrastructure must have at least two bedrooms and have a market value of less than $350,000. (The Logic)
Talking point: The funding comes from the federal government as part of a joint Build Canada Homes collaboration announced in January. Financing new sewage and drinking water infrastructure helps lower a costly barrier to housing development for municipalities, according to a recent government report. The government positioned the program as supporting the construction of prefabricated housing neighbourhoods in Quebec. Such modular projects are often touted as answers to Canada’s housing affordability issues, but the idea faces numerous challenges.
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