National Housing Strategy (NHS) - Rental Construction Financing Initiative
“Canada Mortgage and Housing Corporation (CMHC)”
The funder does not disclose this information
Maximum Eligible Amount
Repayable Contribution
Fund Type
CMHC rental construction financing provides low cost funding to eligible borrowers during the most risky phases of product development of rental apartments (construction through to stabilized operations). The minimum loan is $ 1,000,000, and a maximum of up to 100% of Loan to Cost (for residential loan component).
The initiative focuses on standard rental apartment projects in Canada with general occupants where there is a need for additional rental housing supply.
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