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.
Lien permanent pour cette publication :
publications.gc.ca/pub?id=9.936575&sl=1
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| Titre | Evaluation of the Rental Construction Financing Initiative (RCFi) : final report. |
| Type de publication | Monographie |
| Langue | [Anglais] |
| Autres langues publiées | [Français] |
| Format | Texte numérique |
| Document électronique |
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| Information sur la publication |
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| Description | 1 online resource (56, 1 unnumbered page, A4 pages) : colour illustrations + management response and action plan (3 pages) |
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