GMF - Funding opportunity: water

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Funding focus: wastewater projects

FCM’s Green Municipal Fund(GMF) offers below-market loans, in combination with grants, for wastewater 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 improve effluent quality from municipal wastewater treatment systems in Canada.

Eligibility

Who is eligible?

Any Canadian municipal government, municipal utility (owned in whole or in part by a municipal government), or municipal partner that has responsibility for municipal wastewater treatment and ownership of project infrastructure may apply for funding.

What projects are eligible?

Municipal wastewater projects that focus on improvements to effluent quality are eligible for funding.

In order to be eligible, the wastewater project must start within 18 months of the date the application is approved.

Prerequisites

The following activities must be complete before submitting an application:

a feasibility study
a municipal plan that supports the wastewater project such as a sustainable community plan, strategic plan, or water plan

If these pre-requisites have not yet been completed, applicants are not eligible for funding.

Documents

Application Guidelines

Application Form

Worksheet

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