The CMHC MLI Select program is a powerful tool for investors looking to develop or acquire multifamily properties in Canada. This program incentivizes the creation of affordable, energy-efficient, and accessible rental housing by offering more favorable mortgage terms.

Key benefits of MLI Select include up to 95% loan-to-value (LTV) financing, amortization periods up to 50 years, and reduced insurance premiums. These features improve project cash flow and lower borrowing risk.

To qualify, developers must meet one or more of the program’s criteria, such as providing a percentage of affordable units or exceeding energy efficiency benchmarks. For investors, understanding MLI Select can unlock access to high-leverage financing and enable participation in projects with strong long-term potential.