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Capital project: Site remediation or risk management | Federation of Canadian Municipalities (FCM):

Value

A low-interest loan is available and the amount is determined on a per-project basis. Certain municipal applicants may be eligible for a grant worth up to 15 percent of the loan.

Description

We fund capital projects for initiatives that bring a brownfield site back into economically productive use. This funding helps Canadian cities and communities of all sizes remediate their brownfield sites.

Eligible Applicants

All Canadian municipal governments; Municipal partners applying in partnership with a municipal government.

Eligible Expenses

FCM funds capital projects that demonstrate most of the following characteristics:

  • Transformative potential: The project incorporates solutions (e.g., knowledge, practices, technologies) that are well beyond business-as-usual. The project:
    • is likely to result in significant performance improvements (e.g., improved levels of service, cost savings, energy efficiency, increased resiliency, environmental protection, improved human health)
    • is audacious in that it requires a municipality to take on uncertainty over known best practices to achieve greater environmental benefits
    • is designed to build the capacity of key stakeholders (e.g., municipal staff, elected officials, local trades)
    • has the potential to generate new knowledge for the sector
    • has a high likelihood of being replicated if successful
  • Significant impacts: The project has the potential to generate significant measurable environmental results as well as economic and social benefits.
  • Strong implementation framework: The project plan is robust and includes appropriate stakeholder engagement, planning, risk management, resourcing and monitoring.

Deadline Date

  Applications are accepted year round, though this offer will close when all 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-site-remediation-or-risk-management

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