Accès Condos: Your Key to Affordable Condo Living in Montreal

Accès Condos is a non-profit organization that provides affordable housing options in Montreal. The organization was created in 2005 by the City of Montreal and the Société d'habitation et de développement de Montréal (SHDM) to help low- and moderate-income households access homeownership. Accès Condos offers a range of affordable housing options, including condos, townhouses, and single-family homes.

Accès Condos' projects are designed to meet the needs of different communities and income levels. For example, the Faubourg Contrecoeur Phase 6 project, which was delivered in 2019, offers 70 affordable condo units[1]. The Faubourg Contrecoeur Phase 5 project offers 120 affordable condo units[1]. These projects are just two examples of the many affordable housing options available through Accès Condos.

Accès Condos' mission is to provide affordable housing options that are accessible to all Montrealers. The organization works with various partners, including developers, financial institutions, and government agencies, to create affordable housing projects that meet the needs of different communities. Accès Condos also offers financial assistance to eligible buyers, including down payment assistance and mortgage loan insurance.

In addition to providing affordable housing options, Accès Condos is committed to sustainable development. The organization's projects are designed to be energy-efficient and environmentally friendly, with features such as green roofs, rainwater harvesting systems, and energy-efficient appliances.

Accès Condos is just one example of the many subsidized housing programs available in Quebec. These programs provide financial assistance to eligible individuals and families, helping them access safe and affordable housing.

If you are looking for affordable housing options in Montreal, Accès Condos may be able to help. The organization offers a range of affordable housing options, as well as financial assistance to eligible buyers. For more information, visit their website at https://accescondos.org/en/.

Citations:

[1] https://accescondos.org/en/

[2] https://www.globest.com/2023/02/23/regulators-probe-quebec-listings-platforms-data-sharing/

[3] https://books.google.com/books?dq=article+title+for+data+restricted+canadian+mls&hl=en&id=gDG4DwAAQBAJ&lpg=PA215&ots=6OJvwGYpsb&pg=PA215&sa=X&sig=ACfU3U1kbxFGerZgJLFnMYdPayofoK-ZnA&source=bl&ved=2ahUKEwjOwdG-3quCAxWSkGoFHQhJAPkQ6AF6BAgFEAE

Accès Condos is a program that provides an efficient and effective financial tool to make it easier for people to buy a quality condo at an affordable price in Montreal[2]. The program is mainly offered under the Standard Option, but it can be adapted for specific projects under the Exclusive Options[2]. Here are some key details about the program:

- **Deposit**: To participate in the program, you have to pay a deposit of only $1,000[2].

- **Down Payment**: The Société d'habitation et de développement de Montréal (SHDM) will advance you a percentage of the sale price of the Accès Condos accredited unit, which can then be applied to the down payment[2].

- **Rules**: The rules of the Accès Condos program can be found on their website[2]. The program is designed to help people buy a quality condo at an affordable price, and there are certain eligibility requirements that must be met. For example, you must be a Canadian citizen or permanent resident, and you must not have owned a home in the last five years. There are also income and asset limits that must be met, and the condo must be your primary residence[2].

Overall, the Accès Condos program is a great option for people who want to buy a quality condo at an affordable price in Montreal. The program provides a financial tool that makes it easier to buy a condo, and the rules are designed to ensure that the program benefits those who need it the most.

Citations:

[1] https://accescondos.org/en/

[2] https://accescondos.org/en/program/

[3] https://www.hud.gov/program_offices/housing/sfh/ins/sfh_ins_condominiums

[4] https://www.swiftlane.com/blog/condo-rules-and-regulations-in-2023/

[5] https://www.hud.gov/sites/documents/11-22mlguide.pdf