Leading the Way in Affordable Housing

At Robins Appleby, we stay on top of housing policy in Ontario and specialize in navigating complex housing initiatives that make a meaningful impact.

One such initiative is the City of Toronto Multi-Unit Residential Acquisition Program (“MURA”), which provides critical financial support to non-profits, co-ops, Indigenous housing providers, and land trusts seeking to acquire apartment buildings and multi-tenant properties in order to provide below-market housing.

As part of the MURA program, non-profit organizations can access deposit and pre-acquisition funding to quickly secure properties and conduct essential due diligence. However, the application process and subsequent acquisition can be intricate, requiring expertise in both financing and inter-lender coordination. That’s where we come in.

Our non-profit clients have been leaders in utilizing the MURA program, and we are proud to have helped several organizations successfully navigate these opportunities. Under the guidance of partners Rachel Puma and John Fox, who leads our Affordable Housing Group, the firm has now completed four MURA acquisitions for Houselink and Mainstay Community Housing and Raising the Roof Chez Toît, and we are currently assisting with two additional MURA projects.

These transactions often involve CMHC-backed financing alongside MURA funding, requiring careful coordination between lenders. Our team has extensive experience resolving the complex inter-lender issues that arise, ensuring our clients' success at every stage of the acquisition.