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Green Municipal Fund

GMF Update: Renewed funding offer

After extensive research and consultation with municipalities, their partners, and other sustainability stakeholders, FCM has renewed the GMF funding offer to remain responsive and relevant to municipal sustainability needs.

To best manage the funding available and to support the strongest initiatives, these updates went into effect on April 1, 2015:

  • An updated competitive selection process for capital projects in the energy, transportation, waste and water sectors
  • Updated eligibility criteria and funding limits for all funding streams
  • An updated application process, as well as new application forms and support tools for applicants
Updates Previous offer Renewed offer
In effect April 1, 2015
Competitive selection process (energy, transportation, waste and water capital projects)
  • Applications accepted year-round; funding decisions made six times per year
  • Applications accepted year-round; funding decisions made twice per year (February and September)
  • Applicants for energy, transportation, waste and water capital project funding undergo an Initial Review before completing the full application form
Eligibility
  • Plans: funding for sustainable neighbourhood action plans, community brownfield action plans and greenhouse gas (GHG) reduction plans
  • No change
  • Feasibility studies and field tests: must align with criteria for capital projects
  • Must align with updated criteria for capital projects
  • Field tests are now called pilot projects
Funding limits and eligible costs
  • Plans: Up to 50% of eligible costs; maximum grant of $175,000  
  • No changes
  • Feasibility studies: Up to 50% of eligible costs; maximum grant of $175,000  
  • No changes
  • Field tests: Up to 50% of eligible costs; maximum grant of $175,000
  • Now called pilot projects
  • Maximum funding amount raised from $175,000 to $350,000
  • Capital projects energy, transportation, waste and water: Loans for up to 80% of eligible costs to a maximum of $10 million combined with a grant for up to 20% of the loan amount; high-ranking projects may qualify for higher loan amounts under certain provisions.
  • Loans for up to 80% of eligible costs to a maximum of $5 million, combined with a grant for up to 15% the loan amount
  • Applicants with high-ranking projects may be eligible for a loan of up to $10 million combined with a grant for 15% the loan amount    
  • Capital projects — brownfields: Loans for up to 80% of eligible costs (no loan limit)*
  • No changes
Application form and resources

*Subject to various conditions and approval

Questions?

We're here to help! Connect with a GMF Advisor at 613-907-6208 or 1-877-997-9926.

Subscribe for GMF Updates to receive information on the new funding offer, as well as other GMF news, resources and opportunities.

Page Updated: 04/01/2016