Calgary Infill Financing Made Simple
At Jenga Built, we’ve seen firsthand how the right financing can make or break your Calgary infill project. That’s why we’ve spent years building relationships with the right lenders, understanding programs like CMHC’s MLI Select, and creating financing pathways that actually work for real people in real situations.
CMHC MLI Select: Your Gateway to Affordable Calgary Infill Financing
Let’s talk about the CMHC MLI Select Program – honestly, it’s been a game-changer for Calgary infill projects. If you’re building in Calgary’s infill zones (R-CG, R-G, H-GO), this program could be exactly what you need to make your project financially viable.
Who Benefits Most from MLI Select in Calgary?
We’ve helped clients across different situations tap into this program:
- Landowners converting single-family lots into 4–8 unit buildings (think stylish rowhouses with basement suites).
- Investors focused on long-term rental income who understand Calgary’s rental market fundamentals.
- Homeowners pursuing the “live in one, rent the rest” strategy – particularly popular in neighborhoods like Hillhurst, Kensington, and Bridgeland.
MLI Select Eligibility: It's More Achievable Than You Think
Here’s what most people don’t realize – you only need to meet ONE of these criteria, not all of them:
Energy Efficiency Path
Achieve 25%+ energy savings over Alberta Building Code. With Calgary’s focus on climate action and rising utility costs, this often makes financial sense anyway. We’re talking better insulation, high-efficiency HVAC systems, and smart home features that tenants love.
Affordability Commitment
Rent a certain percentage of units below market rate. Given Calgary’s rental market dynamics (average 2-bedroom rent around $1,400-$1,600), this can still work with your cash flow projections.
Accessibility Features
Include barrier-free entrances and adaptable units. With Calgary’s aging population and growing accessibility awareness, these features often increase long-term marketability anyway.
Learn more about Calgary Infill Development process here
The smart part? Jenga Built designs with these goals in mind from day one. We’re not trying to retrofit eligibility – we’re building it into your project’s DNA through smart layouts, efficient systems, and the right unit mix.
Beyond MLI Select: Your Complete Calgary Infill Financing Toolkit
Builder-Friendly Mortgage Brokers & Lenders
Not every lender “gets” Calgary’s infill story. We work with Calgary-based brokers who absolutely do. They understand why a 1950s bungalow lot in Renfrew is worth subdividing, and they know how to structure financing for:
- Self-employed builders and contractors
- Joint venture partnerships
- Non-traditional income scenarios
- Land equity-based pre-qualifications
We’ll connect you during your pre-construction phase – no waiting until you’re already committed.
Joint Venture Partnerships: Unlock Your Land Without the Full Risk
Own a great lot but don’t want to carry all the construction risk? Joint ventures are becoming increasingly popular in Calgary’s infill market. Here’s how they typically work:
- Landowners contribute the lot value
- Investors contribute construction capital and expertise
- Profits and units split based on contribution ratios
- Risk shared appropriately between parties
We can connect you with vetted investors who are actively looking for quality Calgary infill opportunities. Ask about our JV Structure Discovery Session – we’ll walk you through real deal structures and help you understand what partnership might look like for your specific situation.
Self-Funding & Staged Construction Financing
Already own your lot and want to maintain control? We get it. Our self-funding clients appreciate:
- Milestone-based payment schedules that align with your cash flow.
- Transparent draw schedules – you always know what’s coming.
- Compatibility with “build-to-sell” strategies where early unit sales fund later construction phases.
Protecting Your Investment: Warranties and Long-Term Support
Every Jenga Built project comes with comprehensive protection:
- New Home Warranty: Full 1–2–5–10 year coverage as required by Alberta legislation.
- Third-Party Inspections: Independent quality verification that satisfies lenders and protects your investment.
- Maintenance Support: Optional post-build services designed specifically for landlord and investor clients.
Financing Strategies by Client Type
| Your Situation | Common Goal | Best Financing Path | Key Considerations |
|---|---|---|---|
| Landowner Redeveloping | Maximize lot value with minimal cash outlay | MLI Select + Joint Venture or staged construction | Land equity, risk tolerance, timeline flexibility |
| Homeowner Building Infill | Live + rent model with strong equity position | CMHC-backed financing or traditional mortgage | Primary residence benefits, rental income projections |
| Investor Building Multi-Units | Long-term rental income and appreciation | MLI Select + low-interest financing | Cash flow analysis, market timing, exit strategy |
Frequently Asked Questions About Calgary Infill Financing
How long does MLI Select approval typically take?
CMHC processing usually takes 60-90 days once you have complete documentation. We help streamline this by ensuring your project meets criteria upfront and your application package is complete.
Can I use MLI Select for a duplex with secondary suites?
Absolutely – that’s actually a sweet spot for the program. A duplex with two secondary suites gives you four units total, perfect for MLI Select eligibility while keeping the project manageable.
What if my Calgary infill project is in an older neighborhood?
Many of Calgary’s best infill opportunities are in established neighborhoods. The key is understanding soil conditions, utility connections, and neighborhood context – all things we factor into both design and financing strategy.
How do utility connections affect financing timeline?
Great question. Enmax and Atco timelines can impact construction schedules, which lenders care about. We coordinate utility applications early and build realistic timelines into financing discussions.
Ready to Explore Your Calgary Infill Financing Options?
Look, financing doesn’t have to be the scary part of your infill project. With the right information, the right team, and the right approach, it can actually be the thing that makes your project not just possible, but profitable. Contact us for a Free Consultation today on (403)-454-2218. We look forward to serving you!
