T12 – Refinance, Retrofit, Redevelop or Run!

This session offers ideas, options and examples of what societies have done to plan and implement changes to preserve their portfolios. It will include a review of the new CMHC initiative allowing societies to pre-pay previously closed loans so that they can also explore these options.  Highlights include: information on the loan pre-payment option by CMHC; and examples of the tools and processes used by societies to: refinance, renovate or restructure their portfolios by leveraging equity, sourcing new financing and accessing SAFER or RAP subsidy programs.

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