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Val-d’Or Housing Corporation (Corporation Habitation Val-d’Or)

Since 2019, the Corporation Habitation Val-d’Or, an initiative of the Corporation de développement industriel de Val-d’Or and the City of Val-d’Or, has been promoting real estate investment with the objective of alleviating the housing shortage and thus accommodating more workers in the urban perimeter of Val-d’Or.

 

The CHVD wishes to encourage the emergence of initiatives from different actors in the construction and real estate industry in Val-d’Or. It wants to concentrate in sectors where there is little interest for private developers.

One of the first initiatives of the CHVD was to develop lots for multi-unit buildings on Giguère Street (near the Canadian Tire store). This specific project generated over 60 new rental units.

Afterwards, the Sevigny Street project, adding seven houses and three more in the spring of 2023. It is now preparing the Leboeuf Street project, which would add 19 new bungalow and semi-detached homes.

These new homes represent our contribution to our community.

We have opted for a turnkey approach and hassle-free move-in for the new buyer. Each of the properties includes landscaping and a shed (8 x 8), in a residential area close to all services: park, shopping center, grocery stores, restaurants, schools and so on.

 

The CHVD is aiming at a modest clientele looking for a new 2 & 3 bedrooms townhouse at a modest prices.  

The current housing shortage can contribute to the difficulties at recruting new workforce. We consider that multiple initiatives from everyone will make it possible to retain our workforce.

The housing issue is not a recent phenomenon. It has been observed for over 10 years. However, it has reached a critical point that is holding back our economy and putting at risk our collective sustainability.
A concerted effort by our elected officials at all levels of government must be demonstrated with tangible support for local initiatives.

Jean-Yves Poitras, industry commissioner

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