Background material

This material provides an overview on HIC, our approach to the financing and our work with the affordable housing sector.

Evaluation Criteria

Wondering if your project is a fit for HIC? This material will help you see how HIC evaluates applications for financing and the information required.

HIC evaluates lending proposals based on a range of criteria. We seek to ensure that projects meet community housing goals, are financially sound and demonstrate an adequate degree of risk mitigation.

English Materials:

• How is my application evaluated?

• Affordable housing lending criteria for multi-unit residential properties

• Underwriting checklist

French Materials

• Comment évalue-t-on mon projet?

• Critères de prêt pour immeubles collectifs abordables

• Liste de contrôle pour l’approbation préliminaire du projet

Housing Investment Corporation Underwriters walk through the steps to develop a pro forma.

Whether you're planning to develop in the next few years, or just want a better understanding of the use of pro formas, this webinar is for you.

You’ll learn what calculations to include, as well as how the pro forma can be used to test alternative development scenarios and determine project feasibility. This webinar was delivered in partnership with the Housing Services Corporation as part of their SHARE webinar and event series.