Canada Mortgage and Housing Corporation (CMHC) – Shared Equity Mortgage Providers Fund: Preconstruction Loans – Stream 1

Description:

CMHC’s Shared Equity Mortgage Providers Fund: Preconstruction Loans – Stream 1 provides funding for preconstruction cost loans to commence new housing projects.

Comments on Funding:

Funding is a loan of up to $4,000,000 per project.

Eligibility:

Applicants must be:

  • non-profit organizations (public or private);
  • other levels of government (municipal, provincial, territorial);
  • Indigenous governments or organizations;
  • for-profit organizations.

CMHC may prioritize non-profit and government providers before for-profit organizations.

Applications Steps:

Applicants must:

Documentation Needed:

Applicants must submit:

  1. the completed application form and supporting documentation as outlined on the application form; and
  2. the completed and signed integrity declaration form.

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