- Funder
Canada Mortgage and Housing Corporation
- Amount and terms
Loans from $1 million; up to 100% of eligible residential project costs.
- Eligible applicants
Eligible rental-housing borrowers, including governmental, non-profit and private-sector proponents, subject to CMHC underwriting.
- Eligible projects
Construction or conversion of qualifying rental apartments, including eligible seniors and student housing.
- Jurisdiction
Canada, including Newfoundland and Labrador
FUNDING PROGRAM
Apartment Construction Loan Program
Connect viable rental-housing projects with low-cost construction financing.