With regard to the Canada Mortgage Housing Corporation’s (CMHC) funding initiatives for preserving existing housing stock and building new housing, as well as CMHC’s connections to both real estate investment trusts (REITs) and other private institutional investors: (a) have REITs or other private institutional investors benefited from CMHC funding in the past 10 fiscal years; (b) if the answer to (a) is affirmative, what is the total amount of (i) loans, (ii) grants, (iii) any other form of financial support provided to each REIT or other private institutional investor, broken down by recipient's name, type (REIT or other private institutional investor), amount received, year, and jurisdiction; (c) does the CMHC have agreements already in place to provide funding to REITs or other private institutional investors in the current fiscal year or future fiscal years; (d) if the answer to (c) is affirmative, what is the total amount of (i) loans, (ii) grants, (iii) any other form of financial support to be provided in the current and future fiscal years to each REIT or other private institutional investor, broken down by recipient's name, type (REIT or other private institutional investor), amount to be received, year, and jurisdiction; (e) does the CMHC have internal policies, directives, standards or guidelines on the (i) role of the CMHC in providing financial support to REITs or other private institutional investors, (ii) conditions under which REITs or other private institutional investors would or would not receive CMHC administered funding; and (f) if the answer to (e) is affirmative, what are the details of such documents?
In the House of Commons on September 18th, 2023. See this statement in context.