153. Every amount of money that, pursuant to the Act respecting the Société d’habitation du Québec (chapter S‐8), is to be paid by a municipality to its municipal housing bureau in connection with the low‐rental housing described in article 1984 of the Civil Code, for administration by that bureau, shall, within the territory of the Community, be paid by the Community to the account of the municipality. The amount so paid shall correspond to the percentage of the operating deficit and rent supplement that the municipality is bound to pay to a municipal housing bureau pursuant to a contract entered into between the Société d’habitation du Québec and the bureau concerned.
The Community shall also pay to the account of Ville de Montréal any amount that, under an agreement adopted in accordance with article 963 of the Charter of the city of Montréal (1959‐60, chapter 102), must be paid by that city to the Corporation d’habitations Jeanne-Mance in order to make up its operating deficit.