GMF - Funding opportunity: transportation

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Funding focus: sustainable transportation projects

FCM’s Green Municipal Fund (GMF) offers below-market loans, in combination with grants, for sustainable transportation 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 facilitate shifts to sustainable modes of transportation.

Eligibility

Who is eligible?

Any Canadian municipal government, corporation wholly owned by a municipal government, or a municipal partner may apply for funding.

What projects are eligible?

Projects that encourage modal integration and the development of comprehensive transportation networks and projects that aim to improve utilitarian transportation options (rather than primarily recreational options) are eligible.

Prerequisites

The following activities must be complete before submitting an application:

a feasibility study
a sustainable transportation plan (or equivalent)

If these prerequisites have not yet been completed, applicants are not eligible for funding.

Documents

Application Guidelines

Application Form

Worksheets

Sample indicators for sustainable transportation projects

Consultation with Provincial/Territorial Government form letter

Sample Municipal Loan and Grant Agreement (Coming soon)

Post-Approval Process for Capital Projects

Writer’s Guidelines for Project Completion Reports