Apartment Construction

tax incentives

Canadian Apartment Magazine

Tax incentives key to driving housing innovation

As commercial finance conditions tighten, government tax incentives like SR&ED are becoming more important to the multifamily construction sector.
modular

Canadian Apartment Magazine

Apartment construction surges in the U.S.

U.S. housing starts were up significantly in June with building permits surging to a near eight-year high. Up 9.8 per cent from May to an annual pace of 1,174,000 units, multi-unit buildings were the driving force behind the increase in construction activity.
rental housing industry

Canadian Apartment Magazine

Multi-family housing demand on the rise: CBRE

According to a recent report from the CBRE, demand for multi-family housing is stronger than ever in Canada and, as such, developers are shifting their focus to purpose-built rental housing. The CBRE says multi-family starts rose 52.2 per cent over the five-year average in 2014 as a result of low vacancy rates and a lack of affordable home ownership opportunities.
Winnipeg

Canadian Apartment Magazine

Winnipeg launches rental housing grant program

In partnership with the Government of Manitoba, the City of Winnipeg has launched a new Live Downtown Rental Development Grant Program. Through the program, the Province and the City will use Tax Increment Financing (TIF) grants to offset a proportion of a developer’s capital investment and encourage the development of new multi-family, mixed-income rental housing in downtown Winnipeg.