1. CMHC’s Resources and Tools for Affordable Housing Development Belleville National Housing Day 2013

2. Overview  Seed Funding  Proposal Development Funding (PDF)  Other CMHC resources and tools CANADA MORTGAGE AND HOUSING CORPORATION2

3. Seed Funding  Purpose : Financial assistance to carry out initial activities involved in developing affordable housing projects  Maximum grant : $10,000  Maximum interest- free loan : $10,000 CANADA MORTGAGE AND HOUSING CORPORATION3

4. Seed Funding Eligible Criteria  Increase affordable housing stock  Modest  Demonstrated need Eligible Activities  Incorporation  Preparation of a business plan  Need and Demand analysis  Financial viability analysis  Preliminary design CANADA MORTGAGE AND HOUSING CORPORATION4

5. Proposal Development Funding (PDF)  Purpose : Up-front expenses to bring your project proposal to the point where it can receive a financial commitment  Maximum interest- free loan : $100,000 CANADA MORTGAGE AND HOUSING CORPORATION5

6. Proposal Development Funding (PDF) Eligible criteria :  Similar to Seed funding  minimum 5 units Eligible Activities:  Environmental site assessments  Professional fees  Cost estimates, etc. CANADA MORTGAGE AND HOUSING CORPORATION6

7. Seed and Proposal Development Funding Affordability Criteria  Rental project : Rents  Homeowner units : Below average selling price CANADA MORTGAGE AND HOUSING CORPORATION7 BellevilleLevel 1Level 2Level 3 Bachelor$725$700$650 One bedroom$896$825$750 Two bedroom$995$910$850 Three +Bedroom $1100$1000$965

8. Project Profiles Bradburn House, Peterborough Fry Residence and Riverview Residence, Hastings County CANADA MORTGAGE AND HOUSING CORPORATION8

9. Web Forum  To register on line: Visit: www.cmhc.ca/c onferenceregistrationwww.cmhc.ca/c onferenceregistration CANADA MORTGAGE AND HOUSING CORPORATION9

10. Project Viability Assessment Calculator  5- year Operating Budget Pro forma CANADA MORTGAGE AND HOUSING CORPORATION10

11. Housing in Canada Online (HiCO)  An interactive resource presenting a selection of CMHC's data on housing conditions and core housing need  To create custom tables to examine housing conditions in your area by various dimensions such as household type CANADA MORTGAGE AND HOUSING CORPORATION11

12. Canadian Housing Observer  Annual report that presents a detailed review of housing conditions and trends in Canada and of the key factors behind them. CANADA MORTGAGE AND HOUSING CORPORATION12

13. Canadian Housing Observer Housing Starts and Completions/Rental Market Households/Housing Stock, Condition and Need CANADA MORTGAGE AND HOUSING CORPORATION13 Local Interactive Data Tables

14. Capital Replacement Planning  Purpose: To enhance the long term viability of the project  Helps determine what major building repairs and replacements need to be done, when they will be needed and how much they will cost CANADA MORTGAGE AND HOUSING CORPORATION14

15. Housing Development Checklist & Fact Sheets  Checklist CANADA MORTGAGE AND HOUSING CORPORATION15  Fact Sheet

16. Appendix  Seed Funding http://www.cmhc.ca/en/inpr/afhoce/afhoce/afhoce_001.cfmhttp://www.cmhc.ca/en/inpr/afhoce/afhoce/afhoce_001.cfm  Proposal Development Funding http://www.cmhc.ca/en/inpr/afhoce/afhoce/afhoce_002.cfm http://www.cmhc.ca/en/inpr/afhoce/afhoce/afhoce_002.cfm  Project Profiles http://www.cmhc.ca/en/inpr/afhoce/afhoce/prpr/index.cfmhttp://www.cmhc.ca/en/inpr/afhoce/afhoce/prpr/index.cfm  Web Forum http://www.cmhc.ca/en/inpr/afhoce/afhoce/afhoce_006.cfmhttp://www.cmhc.ca/en/inpr/afhoce/afhoce/afhoce_006.cfm  Project Viability Assessment Calculator http://www.cmhc.ca/en/inpr/afhoce/afhoce/tore/into_001.cfm http://www.cmhc.ca/en/inpr/afhoce/afhoce/tore/into_001.cfm  Housing in Canada Online (HiCO) http://cmhc.beyond2020.com/HiCOMain_EN.html http://cmhc.beyond2020.com/HiCOMain_EN.html  Canadian Housing Observer http://www.cmhc.ca/en/corp/about/cahoob/http://www.cmhc.ca/en/corp/about/cahoob/  Local Interactive Data Tables http://www.cmhc.ca/en/corp/about/cahoob/cahoob_011.cfm http://www.cmhc.ca/en/corp/about/cahoob/cahoob_011.cfm  Capital Replacement Planning http://www.cmhc.ca/en/inpr/afhoce/exsoho/exsoho_005.cfm http://www.cmhc.ca/en/inpr/afhoce/exsoho/exsoho_005.cfm  Housing Development Checklist http://www.cmhc.ca/en/inpr/afhoce/afhoce/tore/hodefashch/index.cfm http://www.cmhc.ca/en/inpr/afhoce/afhoce/tore/hodefashch/index.cfm CANADA MORTGAGE AND HOUSING CORPORATION16

17. CANADA MORTGAGE AND HOUSING CORPORATION17 Thank you Caroline Ling Senior Financing Consultant cling@cmhc.ca  CMHC is making the information contained in this presentation available for general information purposes only. It is intended to provide highlights of CMHC products to assist Approved Lenders in understanding CMHC's current requirements. Lenders using the information should be aware that other conditions, requirements and restrictions may apply and that the information is subject to change without notice. The information is provided without warranty and it is not intended that Lenders or other readers will rely on this information without verifying the full terms of CMHC underwriting policies.