Alberta is experiencing one of the strongest rental housing booms in the country.
Record migration, affordable land, and a landlord-friendly environment have turned Calgary and surrounding towns into multi-family investment hotspots.
But the biggest accelerator of all?
CMHC MLI Select: a financing program that has completely changed how investors plan, build, and scale multi-family projects.
And Green Casa Property Management is helping owners capture the full potential of it.
1. What Is CMHC MLI Select and Why Does It Matter?
CMHC MLI Select is a high-benefit mortgage insurance program offering:
- Up to 95% loan-to-cost financing
- Up to 50-year amortization
- Lower-than-market interest rates
- Higher leverage for new builds, refinances, and acquisitions
These benefits significantly reduce carrying costs and improve long-term ROI, making Alberta one of the best provinces in Canada to invest in multi-family rentals.
Owners using MLI Select can build larger portfolios, develop new buildings faster, or refinance existing ones for more capital, all with reduced risk.
2. Why Alberta Is a Perfect Market for Multi-Family Under MLI Select
Alberta’s multi-family landscape is ideal for MLI Select because:
- Population growth is among the highest in Canada
- Calgary & Edmonton have strong rental demand
- Renter demographics are diversifying
- Vacancy rates continue to decline
- No rent control allows fair market rents
- New immigrant & student demand remains strong
And communities surrounding Calgary, Airdrie, Chestermere, Cochrane, and Okotoks are experiencing major residential expansion, creating high demand for quality rental units.
3. How Green Casa Supports Multi-Family Owners Using MLI Select
The program focuses on three main pillars:
- Affordability
- Accessibility
- Energy Efficiency
Green Casa helps owners meet and maintain these requirements through:
Energy Efficiency Compliance
We coordinate with energy consultants, track performance, and ensure the required improvements and reporting are completed.
Affordability Management
We structure rental pricing, monitor qualification thresholds, and ensure ongoing compliance to protect your financing benefits.
Building Operations Optimization
We reduce operating expenses through:
- Vendor management
- Preventative maintenance
- Efficient utilities coordination
- Modern tenant systems
This directly increases net operating income, boosting property value.
4. Multi-Family Leasing & Management: Why Green Casa Makes the Difference
Multi-family buildings require steady leasing, consistent maintenance, and strong tenant relationships.
Green Casa provides:
- Full leasing & tenant placement
- Digital marketing & tenant screening
- Rent collection and financial reporting
- 24/7 maintenance coordination
- Move-in / move-out management
- Support for MLI Select compliance
- Strategies to boost occupancy and retention
The result?
Higher rents, lower turnover, fewer expenses, and a smoother ownership experience.
5. Alberta’s Multi-Family Future Is Strong, and Green Casa Helps Owners Lead It
With CMHC MLI Select reducing financing costs and Alberta’s population surging, this is one of the most profitable times in history to build or own multi-family rentals.
Whether it’s a new apartment development, a mixed-use building, or an older 12-plex being refinanced, Green Casa provides the management structure and expertise needed to turn these investments into long-term wealth.
