PowerPoint Presentation CMHC.ca HERE WE GATHER National Housing Strategy Key Areas of Focus • Create New Housing Supply • Modernize Existing Housing • Resources for Community Housing Providers • Research & Innovation Canada Mortgage and Housing Corporation Phases of development and CMHC product offerings PHASES OF DEVELOPMENT Pre-development Construction Rent up/stabilization Seed Funding (for sof. [...] CMHC.ca New Construction Affordable Housing Revitalization Fund Initiatives for Canadians in greatest housing need Minimum eligibility requirements Social Outcomes Affordability Financial Energy Accessibility 30% of units Viability Efficiency 25% 20% @ 80% MMR Borrowers must demonstrate an affordability commitment for a minimum of 20 years from first occupancy under the CMHC Loan 15 Minimum eligib. [...] Canada Mortgage and Housing Corporation AHF Repair/Renewal Contribution Funding Funding Description Repair and Renewal (up to) 1) Base funding Based on amount requested up to these maximums $15,000 Applications are prioritized based on their need for funding 2) Social Outcomes Projects must exceed minimum criteria for both affordability and +$5,000 Premium energy efficiency 3) Construction Cost Li. [...] Canada Mortgage and Housing Corporation My Sister’s Place, Prince George, BC Edmonton Veterans’ Village, Edmonton, AB Westboine Park Coop, Winnipeg, MB Round Prairie Métis Elders’ Lodge, Saskatoon, SK Avens Pavilion Seniors Housing, Yellowknife, NWT NHCF Funded Project: 400 Evergreen Crescent Sparwood, BC • Owned and operated by Elk Valley Family Society • New four-storey 30 affordable rental home.
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- Canada
Table of Contents
- Slide 1 1
- Slide 2 2
- Slide 3: National Housing Strategy Key Areas of Focus 3
- Slide 4: Phases of development and CMHC product offerings 4
- Slide 5: Project types and CMHC product offerings 5
- Slide 6 6
- Slide 7 7
- Slide 8: Financing incentives for social outcomes 8
- Slide 9: Phases of development and CMHC product offerings 9
- Slide 10 10
- Slide 11: Overview 11
- Slide 12: Eligible Activities 12
- Slide 13: Affordable Housing Fund 13
- Slide 14 14
- Slide 15: Social Outcomes 15
- Slide 16: Partnerships 16
- Slide 17: CMHC & BC Housing Alignment Process 17
- Slide 18: AHF New Construction Forgivable Loan 18
- Slide 19: AHF Repair/Renewal Contribution Funding 19
- Slide 20: Funded Projects 20
- Slide 21: NHCF Funded Project: 400 Evergreen Crescent Sparwood, BC 21
- Slide 22 22
- Slide 23 23
- Slide 24: Tools and Support 24
- Slide 25 25
- Slide 26 26
