📌 Incentivizing Sustainable and Affordable Rental Housing

CMHC’s MLI Select program offers preferential mortgage insurance terms—not direct grants—to developers and owners of multi-unit rental properties that meet affordability, energy efficiency, or accessibility standards.

💰 Financial Incentives

• Up to 95% Loan-to-Value (LTV)
• Up to 50-year amortization
• Premium reduction or even elimination, based on performance scoring

These benefits provide enhanced borrowing capacity and lower financing costs.

🧩 Who Qualifies?

• New or existing multi-unit residential buildings (5+ units)
• Must satisfy at least one of the three core pillars:
1️⃣ Affordability – Units offered below median renter income thresholds
2️⃣ Energy Efficiency –
• New builds: 25%+ reduction in energy use & GHGs
• Retrofits: 15%+ energy and GHG savings
3️⃣ Accessibility – At least 20% of units meet accessibility standards
• Projects must score ≥ 50 points on the MLI Select grid

📝 What’s Involved?

• Designed to support deep energy retrofits, affordable housing, and inclusive design
• Requires energy modeling and third-party documentation
• Particularly suited for LEED®, Novoclimat, or Passive House aligned projects
• Ideal for developers looking to maximize leverage and unlock long-term capital value while meeting ESG goals

🧷 Can Be Combined With

• Novoclimat – Petits Immeubles Multilogements (for small MURBs)
• Hydro‑Québec Solutions Efficaces and Énergir programs (for eligible energy upgrades)
• Federal initiatives (e.g., Sustainable Affordable Housing initiative)
• Municipal tax credits or density bonuses

🚫 Not Stackable With

• Other mortgage insurance programs (one CMHC product per mortgage)
• Duplicate credits for the same energy model or documentation

🏗️ Boost Your Financing with Impact

MLI Select makes it easier to build or retrofit efficient, affordable, and inclusive housing — all while reducing your cost of borrowing.

📋 Explore the MLI Select Scorecard      📥 Apply via CMHC Portal