CMHC's tightened bonding rules have 'real implications' for housing supply
Summary by REM | Real Estate Magazine
1 Articles
1 Articles
CMHC's tightened bonding rules have 'real implications' for housing supply
Canada’s housing market is transforming fast—and so are the financial tools fueling new construction. One such program for multi-unit residential developers is CMHC’s MLI Select, a solution that rewards socially responsible builds with access to high-leverage financing, extended amortization periods and low-cost capital. But as of late 2024, CMHC has tightened enforcement of one critical requirement for many projects under this program: the sure…
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