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Green Municipal Fund

Why Apply for a GMF Loan?

With over 1000 GMF-funded initiatives, FCM offers expertise and funding to guide your sustainability projects. We work with municipalities and their partners to provide flexible financing, at competitive rates, and to build strong and effective partnerships. Our integrated services will see your project through early-stage assessment and planning to successful completion. We're with you every step of the way!

Renewed GMF funding offer in effect April 1, 2015.

To best manage the funding available to support the strongest initiatives, we follow a competitive selection process for capital projects in the energy, transportation, waste and water sectors. Brownfield applications are reviewed as they are received in a non-competitive process. Read more about the types of projects we fund and our eligibility requirements.

Benefits

For municipal governments

  • Grants for 15 per cent of the loan amount except for brownfield projects
  • Loans at competitive rates  for capital projects.
  • Long-term, fixed rates
  • Possibility for multiple loan disbursements at client-selected milestones
  • Funding can be combined with federal and provincial funding programs
  • No commitment fees
  • Personalized service
  • National recognition through FCM knowledge sharing programs

For partners

  • Grants for 15 per cent of the loan amount except for brownfield projects
  • Effective loan rate when combined with the grant, is much lower than market rates
  • Long-term, fixed rates
  • Financing available for brownfield projects
  • Possibility for multiple loan disbursements at client-selected milestones
  • Coverage of up to 80 per cent of eligible costs
  • Flexible repayment schedules
  • National recognition through FCM knowledge sharing programs
Page Updated: 05/07/2016