July 8 2020
Acquisition of the Édifice Jean-Brillant in Saint-Henri – The SHDM Will Ensure the Sustainability of 124 Affordable Housing Units for Independent Seniors
The Société d'habitation et de développement de Montréal (SHDM) today announced the acquisition of the Edifice Jean-Brillant, located at 3055 rue Delisle, a 124-unit affordable housing property in the Saint-Henri sector of the Sud-Ouest Borough. The non-profit organization Maison Biéler Inc. is transferring to the SHDM the emphyteutic lease it has held since the building was constructed in 1982 and which will expire in 2034.
"We are very proud of the acquisition of the Édifice Jean-Brillant, which represents an opportunity to ensure the sustainability of these 124 affordable housing units intended for an elderly and independent clientele in Saint-Henri," stated Nancy Shoiry, Executive Director of the SHDM. "This transaction is perfectly in line with the objective identified in our 2017-2020 strategic planning to increase our affordable rental housing inventory."
"We have found in the SHDM an organization that shares our concerns and has the expertise to perpetuate the community legacy of Maison Biéler Inc. This sale will give us the financial resources to continue our mission of supporting military veterans by offering them services that are better adapted to their contemporary needs," explained Daniel O'Connor, Chairman of the Board of Maison Biéler Inc.
About Maison Biéler Inc
Maison Biéler Inc. is an organization that was founded in 1976 with the mission of providing affordable housing for veterans and their widows. When our veterans left the World Wars and Korea, it was an opportunity for Maison Biéler to change and update its services to veterans. The creation of the organization, Le Sentier - Maison de transition inc., is a concrete expression of this objective by helping veterans, including those who are homeless, reintegrate into society. With the help of partners, Le Sentier will support veterans in their journey toward wellness. The services offered will give our military veterans in need the opportunity to access a better quality of life.
For the Société d'habitation et de développement de Montréal: Sébastien Trottier, Morin Relations Publiques, email@example.com, 514 889-1224
For Maison Biéler Inc: Bruno Plourde, General Manager, firstname.lastname@example.org, 438-492-9389
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