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Funding opportunity: energy

Energy   Funding focus: green buildings

FCM’s Green Municipal Fund (GMF) offers below-market loans, in combination with grants, to support green building projects.

Available funding 

  • Rates for municipalities are 1.5 per cent lower than the Government of Canada bond rate and even further below market rates.

  • Eligible applicants can request up to $4 million in loans and $400,000 in grants for each project. 

Timeline

Applications are considered as they are received. Each application is evaluated on its own merits. Not all proposals will be funded.


 Objective


To decrease energy consumption in municipal buildings in Canada.


 Eligibility


Who is eligible?

Any municipal government, or municipal utility or corporation wholly owned by a municipal government in Canada may apply for funding.

What projects are eligible? 

Eligible projects fall into two categories: energy efficient building retrofits and energy efficient new building construction. This funding opportunity is restricted to buildings owned but not necessarily operated by eligible applicants.


 Prerequisites


The following activities must be complete before submitting an application:

For energy efficient building retrofits:

  • A determination of the current energy consumption (based on the average annual energy consumption (in energy units) over the previous 3 years, normalized for weather variations); and

  • A feasibility study featuring energy modeling or simulation output for comparison of the building retrofit to current energy consumption.

For energy efficient new building construction:

  • Feasibility study featuring energy modeling or simulation output for comparison of the new building construction to the Model National Energy Code for Buildings (MNECB).
If these pre-requisites have not yet been completed, applicants are not eligible for funding.


 Documents





 
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