CMHC Increases Premium Refunds for Energy Efficient Houses

(firmenpresse) - OTTAWA, ONTARIO -- (Marketwired) -- 06/22/16 -- Effective immediately, Canada Mortgage and Housing Corporation (CMHC) is increasing its CMHC Green Home premium refund from 10% to as much as 25% depending on the level of energy-efficiency achieved. Introduced in 2004, CMHC Green Home offers a partial premium refund to borrowers who buy, build or renovate for energy efficiency using CMHC-insured financing.

CMHC is also updating the eligibility requirements to reflect changes to the EnerGuide Rating System. CMHC is Canada's only mortgage insurer prepared to accept applications for homes assessed using either the current 0-100 scale or the new gigajoule scale. The enhancements demonstrate CMHC's leadership in the mortgage insurance industry.

Additional information on CMHC Green Home can be found at

This release includes .

As Canada's authority on housing, CMHC contributes to the stability of the housing market and financial system, provides support for Canadians in housing need and offers objective housing research and information to Canadian governments, consumers and the housing industry.

For more information, visit our or follow us on , , and .

QUOTES

"CMHC is committed to fostering energy-efficient housing in Canada. Improving energy efficiency not only reduces greenhouse gas emissions but also lowers the cost of owning and maintaining a home."

Steven Mennill, Senior Vice President, Insurance, Canada Mortgage and Housing Corporation

Backgrounder





Contacts:
Jonathan Rotondo
CMHC Media Relations
613-748-2734

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Bereitgestellt von Benutzer: Marketwired
Datum: 22.06.2016 - 12:00 Uhr
Sprache: Deutsch
News-ID 479325
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OTTAWA, ONTARIO

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Commercial Real Estate

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