Quick answer: MLI Select vs private mortgage Canada compares CMHC multi-unit insurance with private lending. MLI Select uses points for insurance flexibilities. FSRA frames private mortgages as short-term alternatives that may cost more. RECA licenses Alberta brokers who deal for others. CMHC, FSRA and RECA do not publish a single rate comparison table for this […]

Quick answer: MLI Select third party accessibility audit is not a named CMHC product. CMHC requires a signed accessibility attestation by an architect or designated accessibility consultant. That form may be reviewed or audited by CMHC. RHFAC is a separate optional rating path. Confirm who signs with your lender. Search results for MLI Select third […]

Quick answer: MLI Select accessible parking requirements are not spelled out as a stall count on CMHC’s MLI Select page. CMHC requires barrier-free common areas under CSA B651:23. Stall counts come from NBC(AE) Table 3.8.2.5. and Sentence 3.8.2.5.(5). RHFAC Gold adds a designated accessible parking prerequisite when parking is provided. Confirm both the code and […]

Quick answer: MLI Select adaptable units design Alberta is not a CMHC term. CMHC’s MLI Select page and accessibility attestation do not say adaptable. In Alberta, NBC(AE) Sentence 3.8.1.1.(3) requires adaptable dwelling units on certain Government of Alberta funded projects of 10 or more units, designed to Subsection 3.8.4. Confirm both rulebooks with your lender […]

Quick answer: The MLI Select elevator requirement multi-family developers ask about is not in CMHC’s MLI Select page or accessibility attestation. Those documents require every unit to be visitable and common areas barrier-free under CSA B651:23. The one MLI Select route that names an elevator is Rick Hansen Foundation Gold certification. Ask CMHC or your […]

Quick answer: Under CMHC’s MLI Select, a Rick Hansen Foundation Accessibility Certification v.4.0 score of 60%-79% earns 20 accessibility points, and “Gold” (80% or better) earns 30. It is one alternative to the unit-count routes. Every unit must still be 100% visitable and common areas barrier-free under CSA B651:23. If you are weighing MLI Select […]