🏘️ $120M Deal in Montreal's East End Protects Renters from Big Increase

– 720-unit complex saved from excessive rent hikes.

– Supported by housing advocacy group, city, and province.

– Corporation Mainbourg acquires Le Domaine La Rousselière.

– 1,500 units moved away from speculative market.

– Funded by Caisse d'économie solidaire Desjardins, Chagnon Foundation, and more.

– $10.4M allocated for renovations.

– Helps combat Montreal's housing crisis.

– Protects affordable rates for families and seniors.

– Aims to match private purchase offers.

– Reduces pressure from speculative market.

– Helps in long-term housing affordability.