Eligibility Checklist

Minimum 5 residential units (retirement homes: 50+ units/beds)

Standard rental, SRO, supportive or retirement housing (student housing: energy & accessibility only)

Non-residential space must not exceed 30% of gross floor area or 30% of lending value

Financing through a CMHC Approved Lender with mortgage loan insurance

Any combination of affordability, energy efficiency and accessibility commitments totalling 50+ points

New: 10% / 15% / 25% of units; existing: 40% / 60% / 80% of units (50 / 70 / 100 points)

Affordable-unit rents at or below 30% of the market's median renter income

Maintain affordability for at least 10 years (20+ years earns 30 bonus points); annual compliance reporting

New: modelled vs NECB/NBC Tier 1; existing: baseline energy audit

New: 25% / 50% / 60% better than NECB Tier 1; existing: 15% / 25% / 40% reduction (20 / 35 / 50 points)

Prerequisite for accessibility points: all units visitable per CSA B651:23

Prerequisite: common areas barrier-free per CSA B651:23

15% accessible or universal-design units, or RHFAC v4.0 60–79% (20 pts); higher thresholds or RHFAC Gold (30 pts)

5+ years managing similar multi-unit rentals, or a professional property management contract

Borrower net worth of at least 25% of the loan amount (minimum $100,000)

Financial statements, rent roll / pro forma and operating projections

New construction only: plans, specifications, budget and permits