00000nam 2200000zi 4500 9.936575 CaOODSP 20240510081528 m o d f cr cn |||||||| 240409e202103 onca ob f000 0 eng d CaOODSP eng rda CaOODSP n-cn--- NH21-34/2021E-PDF Evaluation of the Rental Construction Financing Initiative (RCFi) : final report. [Ottawa] : CMHC = SCHL, March 2021. 1 online resource (56, 1 unnumbered page, A4 pages) : colour illustrations + management response and action plan (3 pages) text txt rdacontent computer c rdamedia online resource cr rdacarrier Issued also in French under title: Évaluation de l'initiative Financement de la construction de logements locatifs (iFCLL) : rapport final. Cover title. "National housing strategy"--Cover. Includes bibliographical references (pages 55-[57]). "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. Construction industry Subsidies Canada Evaluation. Housing development Canada Finance Evaluation. Rental housing Canada Finance Evaluation. Government lending Canada Evaluation. Canada Mortgage and Housing Corporation, issuing body. Évaluation de l'initiative Financement de la construction de logements locatifs (iFCLL) : (CaOODSP)9.936574 PDF 1.98 MB https://publications.gc.ca/collections/collection_2024/schl-cmhc/NH21-34-2021-eng.pdf Final report PDF 296 KB https://publications.gc.ca/collections/collection_2024/schl-cmhc/NH21-34-2021-1-eng.pdf Management response and action plan