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Green Municipal Fund – Capital project: New construction of sustainable affordable housing | Federation of Canadian Municipalities (FCM):

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Value

Financing (a combination of a grant and a loan) for up to 20% of total eligible project costs. Up to a maximum combined financing of $10 million. 60% grant and 40% loan.

Description

We provide grants and loans to support the construction of a new affordable housing project to a higher environmental performance standard. This funding supports measures to install physical infrastructure, to create new housing units that are designed to achieve net-zero-ready building energy performance. Projects working toward NZER/NZE can reach this target through a range of methods and building performance standards.

Eligible Applicants

  • Canadian municipal governments (e.g., towns, cities, regions, districts and local boards thereof)
  • Municipally owned corporations, such as municipal housing service providers; or
  • Non-profit, mission-driven affordable housing providers, including cooperatives.

 

Eligible Expenses

  • Consulting costs to simply write the GMF application, including inserting information into the Project Workbook, incurred up to 90 days prior to application receipt date (maximum $5,000).
  • Administrative costs that are directly linked to and have been incurred for the project, such as:
    • communication costs (e.g., long-distance calls)
    • permits or certifications required for the project
    • printing or photocopying by outside suppliers
    • acquisition of documents used exclusively for the project
    • document translation
  • Advertising costs essential to communicating the project to the public, as well as project evaluation, such as:
    • fees for advertising development
    • fees for media distribution
    • website development
    • public surveys
  • The cost of a third-party financial audit for the capital project if required by FCM.
  • The cost of a third-party environmental audit for the environmental results report.
  • Capital projects: Capital costs as defined and determined in accordance with generally accepted accounting principles (GAAP), including:
    • costs for acquiring, developing, constructing, modernizing or leasing systems (equipment, hardware, software, etc.).
    • costs of construction, renovation or modernization of facilities and structures such as materials and installation costs.
  • Rental of tools and equipment related to the project.
  • Costs related to meetings and public gatherings held to communicate the project to the public and collect feedback, such as:
    • facility rental
    • audiovisual equipment rental
  • Fees for professional or technical consultants and contractors.

Deadline Date

Applications are accepted year-round, though this offer will close when the annual funding has been allocated.

Contact

Contact Name: Federation of Canadian Municipalities (FCM)

Phone Number: 1-877-417-0550

E-mail Address: gmfinfo@fcm.ca

Website: https://greenmunicipalfund.ca/funding/capital-project-new-construction-sustainable-affordable-housing

Industry:

Energy & Environment, Housing, Infrastructure, Municipalities

Location:

Alberta, British Colombia, Manitoba, New Brunswick, Newfoundland, Nova Scotia, Nunavut, NWT, Ontario, PEI, Quebec, Saskatchewan, USA, Yukon

Tags:

ABmunis

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There is grant money waiting for YOU! BUT if you step in a “grant trap,” your application is a NO! Learn the FIVE most common errors to AVOID in government grants! Get the 5 Grant Gotchas now to save you countless hours.

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