From Montreal Gazette:MONTREAL- Quebec announced yesterday it will build 1,000 new social housing units in Montreal, part of a $132-million investment for 2,000 units in Quebec announced in the 2008-2009 budget.
"For the past five years, our government has increased its actions to improve conditions for those who are less fortunate in Quebec," said Nathalie Normandeau, minister of municipal affairs.
Affordable housing is in high demand in Montreal, with only a 1.4-per-cent vacancy rate in 2007 for units with at least three bedrooms that rent for less than $700 per month.
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