The Apartment Construction Loan Program (ACLP) is CMHC's financing solution for newly constructed multifamily rental properties (5+ units). It provides insured financing for construction costs and covers land acquisition, construction, and interim financing, transitioning to permanent mortgage insurance upon completion. ACLP supports the growth of purpose-built rental housing in Canada.
Related Articles
- ACLP: CMHC Apartment Construction Loan Program (2026)
Access $55B CMHC ACLP construction financing for purpose-built rental housing. Up to 100% LTC, 50-yr amortization, fixed rates, takeout to MLI Select.
← Mortgage & Real Estate Glossary 2026 · Editorial standards