Federal loan backs 95 student-focused rental homes in Montréal

Federal financing of more than $27 million will support construction of 95 rental homes in Montréal, CMHC reported on Oct. 22, 2026. The funding comes through the Apartment Construction Loan Program.

The project is a few minutes from Charlevoix metro station. CMHC said the homes are intended primarily for Concordia University students, linking the development to a specific local housing need.

The loan program provides repayable financing for rental construction. Its involvement should be read as support for delivery of the project, rather than an announcement that all the homes are already occupied.

For readers tracking student housing, the useful details are the number of planned rentals, the intended residents and the transit location. The release does not establish what each student will pay or demonstrate an effect on rents elsewhere in Montréal.

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