Building purpose-built rental, a multiplex, mid-rise, mixed-use or condo-to-rental project with 5+ units? Send the project in one short form on our developers page. Scott Dillingham reviews every development submission and replies with the programs that fit, then you can book a 30-minute development call.
- CMHC ACLP, MLI Select, conventional or bridge — matched to your project
- Take-out planned before you break ground
- No documents needed to start
- Book a 30-minute development call right after you submit
For purpose-built rental with 5+ units, CMHC's Apartment Construction Loan Program (ACLP) can lend up to 100% of the cost of the residential component on qualifying projects and is built to move into CMHC-insured permanent financing. MLI Select take-outs go up to 95% LTV with up to 50-year amortization at 100+ points. ACLP is rental only; for-sale condos need conventional construction financing.
- ACLP: purpose-built rental, 5+ units, rental tenure only
- ACLP: up to 100% of the residential component's cost (CMHC)
- MLI Select: up to 95% LTV, up to 50-year amortization at 100+ points
- MLI Select: 50-point minimum across affordability, energy efficiency and accessibility
- Rates quoted per project
Secure financing for raw land purchases for your development sites. Whether you're acquiring a single lot or assembling multiple parcels, we connect you with lenders who understand land investment.
- Raw land purchase financing
- Land assembly for larger developments
- Agricultural to residential conversion
- Holding period financing options
- Flexible terms based on development timeline
Cover all your pre-construction costs including due diligence, architectural plans, permitting, and entitlements. Get your project shovel-ready with dedicated pre-development financing.
- Environmental and geotechnical studies
- Architectural and engineering plans
- Permitting and entitlement fees
- Zoning application costs
- Legal and consulting expenses
Ground-up construction loans for residential, multi-family, and commercial projects with flexible draw schedules tailored to your construction timeline.
- Residential single and multi-family builds
- Commercial and mixed-use construction
- Custom draw schedules
- Interest on disbursed funds only
- Progress inspection coordination
Plan the permanent mortgage before you break ground. CMHC's ACLP is designed to move purpose-built rental into CMHC-insured permanent financing once the building is complete and leased. Outside ACLP, we line up the take-out mortgage alongside the construction loan so the exit is clear from day one.
- ACLP path into CMHC-insured permanent financing
- MLI Select or MLI Standard take-out for rental projects
- Conventional take-out where CMHC doesn't fit
- Take-out sized against your pro forma before construction
- One team from first draw to stabilization
Financing without requiring pre-sales or tenant commitments. Build on spec with confidence when you know the market demand is there.
- No pre-sale requirements
- No tenant commitment needed
- Market-driven development support
- Flexible exit strategies
- Higher leverage for experienced builders
Funding for major renovation projects or building conversions to unlock hidden property value. Transform underperforming assets into profitable investments.
- Gut renovation financing
- Office to residential conversions
- Historic building rehabilitation
- Adaptive reuse projects
- Value-add repositioning
Fast-close financing to start projects immediately while arranging long-term construction financing. Don't miss time-sensitive opportunities.
- Rapid approval and funding
- Start construction immediately
- Bridge to permanent financing
- Time-sensitive acquisitions
- Gap financing solutions
Capital partnerships where investors provide funding in exchange for ownership percentage in your project. Scale your developments without depleting your capital.
- Equity partner matching
- Profit participation structures
- Reduced personal capital requirements
- Access to larger projects
- Strategic partnership opportunities
Secondary financing behind senior construction loans to maximize leverage and reduce equity requirements. Fill the gap between senior debt and your equity contribution.
- Gap financing between senior debt and equity
- Maximize project leverage
- Reduce equity requirements
- Flexible subordination terms
- Bridge capital stack gaps
Building purpose-built rental, a multiplex, mid-rise, mixed-use or condo-to-rental project with 5+ units? Send the project in one short form on our developers page. Scott Dillingham reviews every development submission and replies with the programs that fit, then you can book a 30-minute development call.
- CMHC ACLP, MLI Select, conventional or bridge — matched to your project
- Take-out planned before you break ground
- No documents needed to start
- Book a 30-minute development call right after you submit
Submit your project → For purpose-built rental with 5+ units, CMHC's Apartment Construction Loan Program (ACLP) can lend up to 100% of the cost of the residential component on qualifying projects and is built to move into CMHC-insured permanent financing. MLI Select take-outs go up to 95% LTV with up to 50-year amortization at 100+ points. ACLP is rental only; for-sale condos need conventional construction financing.
- ACLP: purpose-built rental, 5+ units, rental tenure only
- ACLP: up to 100% of the residential component's cost (CMHC)
- MLI Select: up to 95% LTV, up to 50-year amortization at 100+ points
- MLI Select: 50-point minimum across affordability, energy efficiency and accessibility
- Rates quoted per project
Discuss this financing option → Secure financing for raw land purchases for your development sites. Whether you're acquiring a single lot or assembling multiple parcels, we connect you with lenders who understand land investment.
- Raw land purchase financing
- Land assembly for larger developments
- Agricultural to residential conversion
- Holding period financing options
- Flexible terms based on development timeline
Discuss this financing option → Cover all your pre-construction costs including due diligence, architectural plans, permitting, and entitlements. Get your project shovel-ready with dedicated pre-development financing.
- Environmental and geotechnical studies
- Architectural and engineering plans
- Permitting and entitlement fees
- Zoning application costs
- Legal and consulting expenses
Discuss this financing option → Ground-up construction loans for residential, multi-family, and commercial projects with flexible draw schedules tailored to your construction timeline.
- Residential single and multi-family builds
- Commercial and mixed-use construction
- Custom draw schedules
- Interest on disbursed funds only
- Progress inspection coordination
Discuss this financing option → Plan the permanent mortgage before you break ground. CMHC's ACLP is designed to move purpose-built rental into CMHC-insured permanent financing once the building is complete and leased. Outside ACLP, we line up the take-out mortgage alongside the construction loan so the exit is clear from day one.
- ACLP path into CMHC-insured permanent financing
- MLI Select or MLI Standard take-out for rental projects
- Conventional take-out where CMHC doesn't fit
- Take-out sized against your pro forma before construction
- One team from first draw to stabilization
Discuss this financing option → Financing without requiring pre-sales or tenant commitments. Build on spec with confidence when you know the market demand is there.
- No pre-sale requirements
- No tenant commitment needed
- Market-driven development support
- Flexible exit strategies
- Higher leverage for experienced builders
Discuss this financing option → Funding for major renovation projects or building conversions to unlock hidden property value. Transform underperforming assets into profitable investments.
- Gut renovation financing
- Office to residential conversions
- Historic building rehabilitation
- Adaptive reuse projects
- Value-add repositioning
Discuss this financing option → Fast-close financing to start projects immediately while arranging long-term construction financing. Don't miss time-sensitive opportunities.
- Rapid approval and funding
- Start construction immediately
- Bridge to permanent financing
- Time-sensitive acquisitions
- Gap financing solutions
Discuss this financing option → Capital partnerships where investors provide funding in exchange for ownership percentage in your project. Scale your developments without depleting your capital.
- Equity partner matching
- Profit participation structures
- Reduced personal capital requirements
- Access to larger projects
- Strategic partnership opportunities
Discuss this financing option → Secondary financing behind senior construction loans to maximize leverage and reduce equity requirements. Fill the gap between senior debt and your equity contribution.
- Gap financing between senior debt and equity
- Maximize project leverage
- Reduce equity requirements
- Flexible subordination terms
- Bridge capital stack gaps
Discuss this financing option → 