2 Federal Ministers Discuss Canada’s New Housing Plan
The Canadian Real Estate Investor
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Streamlining Government Programs for Faster Borrower Access
The chapter compares apartment construction loan and MLI select programs, focusing on government support and processing times. Reforms, portfolio approach for faster timelines, direct lending access, eligibility criteria, affordability requirements, and reducing construction costs through tax relief measures are discussed. Efficient income verification rules, rental payment history for credit scores, and incentivizing on-time payments in the rental market are highlighted for positive impacts.
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