Indigenous investment firm and CMHC announce pilot project to fund home construction - BNN Bloomberg

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An Indigenous-owned investment firm is partnering with the Canada Mortgage and Housing Corporation to build several hundred homes for Indigenous communities.

An Indigenous-owned investment firm is partnering with the Canada Mortgage and Housing Corporation to build several hundred homes for Indigenous communities.

The project will see Keewaywin provide short-term construction loans to Indigenous communities, while CMHC will provide program coordination and support to the communities. Keewaywin says the project is an important step to demonstrate that private credit can be a viable and low-risk way to loan money to Indigenous communities without relying solely on government funding.

 

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