Quote:
Originally Posted by Changing City
It looks pretty broad in terms of the projects already approved...
Bosa BlueSky got loans for Harwood Street
MCYH Multigenerational Housing Society got one for Richards
Marcon got a loan for West 42nd
Wesgroup got loans for several River District buildings, and for the Brewery District
Peterson got a loan for Glen Drive
Rize Alliance Properties and Pioneer Investments got a loan for East 19th
Grosvenor got a loan for Brentwood
Tat Jang got a loan for Shaughnessy Gardens on West King Edward
Intracorp got a loan for Telford on the Walk
UBC Properties Trust got loans for four at least different buildings
Mosaic got loans for Lynn Valley in North Vancouver, and for two buildings on East Hastings
Cressey got a loan for Conrad on East 18th
There may be more. Concord or Holborn should also potentially be able to get a loan, if they met the criteria for getting one.
|
It's substantially more difficult to be approved under the ACLP than going through the MLI Select program. Qualifying under the criteria is not the issue, it's getting CMHC to buy in to the 'social' and other impact that takes work, hence my comment about it being a beauty pageant.