CMHC MLI Select
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Eligibility & Details
What this program funds and who can apply
Program Description
Mortgage loan insurance for multi-unit rental projects that offers reduced premiums and longer amortization periods based on points for affordability, accessibility and climate commitments. Not a direct cash grant or loan.
Eligibility Requirements
- Owners or developers of qualifying multi-unit rental residential projects in Canada.
- Minimum 5 units for standard projects; minimum 50 units or beds for retirement homes.
- Eligible building types are standard rental, single-room occupancy, supportive housing and retirement homes; student housing qualifies only under energy-efficiency and accessibility criteria.
- Project must not be subject to the Prohibition on the Purchase of Residential Property by Non-Canadians Act.
- Non-residential space must not exceed 30% of gross floor area or 30% of total lending value.
Quick Assessment
Funding Details
- Amount
- Mortgage loan insurance, not a cash award. Insured loan up to 85% LTV on existing properties or 95% LTC on new construction, with amortization up to 50 years and limited recourse at the 100-point tier.
- Type
- Loan
- Level
- Federal
- Deadline
- Continuous. No application deadline is published.
Program Scorecard
Competition, effort, and approval at a glance
Everything you need to secure CMHC MLI Select
Not a marketing summary. The actual checklist, intel, and stack strategy reviewers look for.
- 8 rejection pitfalls reviewers flag — so you catch them first
- 7-document checklist with what each reviewer is actually checking
- 6-step application timeline with prep hours per step
- Insider tip from program officers on what separates winners
- Success profile + evaluation criteria — exactly what lenders look for
How to qualify
Insider tips, common pitfalls, and what successful applicants look like
Insider TipAffordability commitments run a minimum of 10 years, and committing to 20 years adds 30 points on its own.
Rejection Pitfalls 8
- Fewer than 5 units, or fewer than 50 units or beds for a retirement home
Success Profile
Evaluation Criteria
Application Playbook
Step-by-step process, required documents, and expenses
Application Steps
Required Documents 7
Deadline Notes
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Funding Stack Strategy
Compatible programs, clawback risk, and combined funding potential
Stacking partner data not yet available.
Clawback Risk
Not-applicable RiskHow CMHC MLI Select Compares
Side-by-side with similar programs
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Frequently Asked Questions
Quick answers to the questions founders most often ask about CMHC MLI Select