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Multi-unit mortgage Loan Insurance (MLI) Select
Insurance incentives for affordable, accessible, energy-efficient multi-unit housing
Last Update: March 3, 2026
Funding available
Up to 95% of project cost
Timeline
- Open continuously
Location
Canada
Overview
The CMHC MLI Select program provides mortgage loan insurance for multi‑unit residential projects, allowing up to 95% loan‑to‑cost or loan‑to‑value for eligible new construction and existing properties. It supports the development and preservation of affordable, energy‑efficient and accessible housing by offering incentives such as higher loan‑to‑value ratios, extended amortization periods and reduced premiums.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase social or community impact
- Obtain certifications or accreditations
- Reduce environmental footprint
Eligible Funding
- Up to 95% of project cost
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- Real estate and rental and leasing
Location
- Canada
Legal structures
- Non-profit
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Canadians
Non-profit candidates
Sector of operation
- All industries
Target groups
- All the groups
Revenue structures
- All structures
Scope
- All dimensions
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Development or acquisition of new multi-unit residential rental projects that integrate affordability, energy efficiency and/or accessibility objectives.
- Preservation or refinancing of existing multi-unit rental properties while committing to maintain or improve affordability levels for tenants.
- Renovation or upgrades to existing multi-unit buildings to improve energy efficiency and reduce greenhouse gas emissions.
- Retrofits or design measures in new or existing multi-unit properties to enhance accessibility and visitability for residents and visitors.
- Construction or improvement of specialized multi-unit housing such as supportive housing, retirement homes, SROs or student housing that meet affordability, efficiency and/or accessibility performance levels.
Eligibility
Who is eligible?
- Developers and owners of new multi-unit residential rental housing projects
- Owners or purchasers of existing multi-unit residential rental properties
- Organizations developing or operating single room occupancy (SRO) housing
- Organizations developing or operating supportive housing
- Organizations developing or operating retirement homes with at least 50 units/beds
Who is not eligible
- Projects that are subject to a prohibition under the Prohibition on the Purchase of Residential Property by Non-Canadians Act.
Eligible geographic areas
- Businesses and organizations developing or owning eligible multi-unit housing projects anywhere in Canada, as this program is administered by the Canada Mortgage and Housing Corporation (CMHC), a federal Crown corporation.
Additional information
- A minimum of 50 MLI Select points is required in total (from affordability, energy efficiency and/or accessibility) for a project to qualify under this product.
- Affordability commitments start from the date of first occupancy for new construction or major renovation, and from the interest adjustment date for existing buildings.
- Documentation proving energy efficiency and accessibility outcomes must be provided within specific timelines after work completion or loan advances, depending on whether insured financing or other funding is used.
- Once the energy efficiency and accessibility criteria are met and documented, there is no requirement to demonstrate these outcomes annually, unlike the affordability criterion.
Contacts
Frequently Asked Questions about the Multi-unit mortgage Loan Insurance (MLI) Select Program
Here are answers to the most common questions about the Multi-unit mortgage Loan Insurance (MLI) Select. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the Multi-unit mortgage Loan Insurance (MLI) Select?
The CMHC MLI Select program provides mortgage loan insurance for multi‑unit residential projects, allowing up to 95% loan‑to‑cost or loan‑to‑value for eligible new construction and existing properties. It supports the development and preservation of affordable, energy‑efficient and accessible housing by offering incentives such as higher loan‑to‑value ratios, extended amortization periods and reduced premiums.
How much funding can be received?
Multi-unit mortgage Loan Insurance (MLI) Select Funds up to 95% of admissible expenses.
Who is eligible for the Multi-unit mortgage Loan Insurance (MLI) Select program?
To be eligible for the Multi-unit mortgage Loan Insurance (MLI) Select program, you must:
Borrower must demonstrate at least five years of experience managing similar multi-unit residential properties or have a contract with a professional third‑party property manager.
Borrower must have minimum net worth equal to at least 25% of the requested loan amount, with a minimum of $100,000.
Project must be a multi-unit housing property (minimum 5 units, or 50 units/beds for retirement homes) meeting CMHC’s MLI Select social outcome criteria (affordability, energy efficiency and/or accessibility).
What expenses are eligible under Multi-unit mortgage Loan Insurance (MLI) Select?
Development or acquisition of new multi-unit residential rental projects that integrate affordability, energy efficiency and/or accessibility objectives.
Preservation or refinancing of existing multi-unit rental properties while committing to maintain or improve affordability levels for tenants.
Renovation or upgrades to existing multi-unit buildings to improve energy efficiency and reduce greenhouse gas emissions.
Retrofits or design measures in new or existing multi-unit properties to enhance accessibility and visitability for residents and visitors.
Construction or improvement of specialized multi-unit housing such as supportive housing, retirement homes, SROs or student housing that meet affordability, efficiency and/or accessibility performance levels.
Who can I contact for more information about the Multi-unit mortgage Loan Insurance (MLI) Select?
You can contact Association des professionnels de la construction et de l’habitation du Québec (APCHQ) by email at contactcentre@cmhc.ca or by phone at 1-877-685-8446.
Where is the Multi-unit mortgage Loan Insurance (MLI) Select available?
The Multi-unit mortgage Loan Insurance (MLI) Select program is available across Canada.
Is the Multi-unit mortgage Loan Insurance (MLI) Select a grant, loan, or tax credit?
Multi-unit mortgage Loan Insurance (MLI) Select is a Loans and Capital investments