Low-cost loans encouraging the construction of sustainable apartment that is rental across Canada

The Rental Construction Financing provides low-cost loans encouraging construction of leasing housing across Canada in which the need is actually demonstrated. It provides as much as $13.75 billion in loans for the construction of 42,500 devices and can run from 2017 towards the final end of 2027.

OVERVIEW

The Rental Construction Financing provides loans that are low-cost encourage the construction of leasing housing across Canada. It supports sustainable apartment tasks in areas where there clearly was a need for extra leasing supply. The effort has a complete of $13.75 billion in available loans, and it is available from 2017 to your end of 2027.

The effort is targeted on standard apartment projects in Canada with basic occupants.

It generally does not help construction of niche housing kinds such as for instance your retirement domiciles, solitary space occupancy and pupil housing.

Note: To read about funding for niche housing kinds such as for example your retirement houses, single space occupancy, pupil housing and supporting housing, we invite one to go to Rental Housing Solutions to learn more.

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