What Does CMHC Stand For?

CMHC stands for Canada Mortgage And Housing Corporation

The Canada Mortgage and Housing Corporation (CMHC) is a national housing agency that plays a pivotal role in facilitating access to affordable housing in Canada. Established in 1946, CMHC provides mortgage insurance, promotes housing market stability, and supports various housing initiatives. It aims to enhance the availability of affordable housing by collaborating with governmental bodies, developers, and communities to foster sustainable housing solutions across the country.