The Programme de PRêts Rotatifs IMMobiliers de Montréal (PRRIMM-Montréal) offers loans to cover pre-development costs for community housing construction projects in Montreal.
PRRIMM-Montréal is the result of a partnership in which each party plays a complementary role: the City of Montreal guarantees the loans and makes its land available, the Fonds Plancher provides the loan to finance pre-development activities, and the Centre administers the program.
Calendar
Platform launch
June 22, 2026
Deadline for project applications
September 4, 2026
First loans to be awarded
November 2026
Objectives
PRRIMM-Montréal aims to accelerate the construction of community housing on land owned by the City of Montreal.
It helps cover pre-project expenses, such as feasibility studies and the preparation of plans, through forgivable loans.
Loan amount
The maximum loan granted by the program is $250,000. It is granted at a preferential rate and for a term of up to 24 months.
Eligibility criteria
Eligible community organizations are:
- Non-profit housing organizations
- Housing cooperatives
- Solidarity cooperatives
Eligible projects are community housing construction projects on city Montreal.
Watch this to learn more about the program.
Download the Application Guide
*Available in French only.
This pilot program is being carried out in partnership with the City of Montreal and the Fonds Plancher.
Apply through the My Centre portal
Contact a program manager
