
Local News
Montreal archdiocese launches not-for-profit real estate arm aimed at maximizing social impact | CBC News
CBC Montreal03.27.2025
Photo: CBC Montreal
TL;DR
The Montreal archdiocese is launching a real estate arm focused on developing vacant properties to generate revenue and fund church operations. This initiative aims to address financial challenges faced by the archdiocese while maintaining core religious functions. The plan includes ensuring community engagement and promoting sustainable development, with goals of creating affordable housing and community spaces.
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