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Green Municipal Fund – Capital project: Retrofit of sustainable affordable housing │ Federation of Canadian Municipalities (FCM)

January 1, 1900

Value

Financing (a combination of a grant and loan) for up to 80% of total eligible project costs. Up to a maximum combined financing of $10 million.

Description

We fund retrofit capital projects that integrate leading-edge deep energy efficiency measures and onsite renewable energy generation for existing affordable housing units through a combination of loans and grants.

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

The Green Municipal Fund's Sustainable Affordable Housing (SAH) initiative for capital projects is currently closed as the original funding has been fully allocated. There are no upcoming deadlines for capital project applications. The program may reopen on a smaller scale with a renewed focus on early-stage planning and study grants in the future. Please visit the official Green Municipal Fund website for the most current information and any future updates on the SAH program.

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-retrofit-sustainable-affordable-housing

Industry:

Energy & Environment, Housing, Municipalities, Non-Profit

Location:

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

Tags:

ABmunis, Affordable Housing, Renewable Energy, Retrofit

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