3.1. Programs implemented by the Société may provide for the payment of financial assistance in the form of a subsidy, loan, remission or loan guarantee granted by the Société. They may also provide that the Société may require financial compensation for the risk presented by a loan or loan guarantee.
The programs may provide for the preparation of dwellings accessible to handicapped persons within the meaning of the Act to secure handicapped persons in the exercise of their rights with a view to achieving social, school and workplace integration (chapter E-20.1). Programs may provide for exclusions or preferences based on age.
Financial assistance paid as a housing allowance in accordance with a program of the Société is unassignable and unseizable.
The Société shall determine to which category the low-rental or modest-rental housing dwellings situated in any one immovable or in part thereof belong with a view to reserving the allocation thereof to persons meeting the requirements for inclusion in a given group, in accordance with the provisions of the regulations made under this Act.
However, where required by exceptional circumstances, the Société may, with the authorization of the Government, implement any special program or make any modification to an existing program to take such exceptional circumstances into account. In that case, the conditions or rules of allocation may differ from those prescribed in the regulations made under this Act. The special program or modifications come into force on the date authorization is given by the Government and must be published in the Gazette officielle du Québec. In addition, the Société must, in its annual report, report the use of such exceptional power and state the reasons that warranted its use.
1987, c. 10, s. 3; 1989, c. 49, s. 1; 1999, c. 40, s. 273; 2002, c. 2, s. 3; 2004, c. 31, s. 71; 2021, c. 72021, c. 7, s. 951; 2024, c. 22024, c. 2, s. 5111.