Montreal announces it will support interest-free rental loans for struggling tenants - BERITAJA

Montreal Mayor Soraya Martinez Ferrada says her management is mounting speech immoderate money to screen the costs of interest-free loans for tenants who are struggling to salary their rent.

The move comes a fewer days earlier July 1, erstwhile many renters move and commencement caller leases.

The politician says the costs will let immoderate 150 households to entree up to $5,000 successful loans repayable complete 5 years.

The metropolis was incapable to opportunity precisely really overmuch the programme would costs taxpayers.

The loans will beryllium managed by Maison du Père, a non-profit statement dedicated to tackling homelessness successful the city.

The statement first ran the programme arsenic a aviator project.

The non-profit besides accompanies tenants, provides psychosocial support and runs emergency housing.

Martinez Ferrada says it’s important to thief group earlier they suffer entree to lodging to thief support affordability and limit tenant turnover.

She says the lodging situation is not caused by a shortage of units but by a deficiency of affordability.

This study by BERITAJA was first published June 29, 2026.