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Evaluation of the Rental Construction Financing Initiative (RCFi) : final report.: NH21-34/2021E-PDF

"RCFi provides low-cost loans during the riskiest phase of development (construction through to stabilized operations) in order to facilitate the construction of purpose-built rental housing and increase the rental housing supply. Loans are funded by CMHC for a 10-year term with a fixed interest rate, after which they are transitioned to a private sector financial institution. There are several attractive features of the loan including low equity requirements; the possibility to amortize the loan up to 50 years; and the provision of CMHC mortgage loan insurance at no cost to the borrower"--Program description, page 5.

Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.936575&sl=0

Publication information
Department/Agency
  • Canada Mortgage and Housing Corporation, issuing body.
TitleEvaluation of the Rental Construction Financing Initiative (RCFi) : final report.
Publication typeMonograph
Language[English]
Other language editions[French]
FormatDigital text
Electronic document
Note(s)
  • Issued also in French under title: Évaluation de l'initiative Financement de la construction de logements locatifs (iFCLL) : rapport final.
  • Cover title.
  • "National housing strategy"--Cover.
  • Includes bibliographical references (pages 55-[57]).
Publishing information
  • [Ottawa] : CMHC = SCHL, March 2021.
Description1 online resource (56, 1 unnumbered page, A4 pages) : colour illustrations + management response and action plan (3 pages)
Catalogue number
  • NH21-34/2021E-PDF
Subject terms
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