Deadline: Ongoing Opportunity
Applications are now open for the Federation of Canadian Municipalities (FCM) Capital project: New Construction of Sustainable Affordable Housing in Canada.
They provide grants and loans to support the construction of a new affordable housing project to a higher environmental performance standard.
This funding supports measures to install physical infrastructure, to create new housing units that are designed to achieve net-zero-ready building energy performance. Projects working toward NZER/NZE can reach this target through a range of methods and building performance standards. These include, but are not limited to, Passive House©, LEED® Platinum, or Canada Green Building Council’s Zero Carbon Building. GMF does not require certification through any of these programs.
Funding Information
- Financing (a combination of a grant and a loan) for up to 20% of total eligible project costs
- Up to a maximum combined financing of $10 million
- 50% grant and 50% loan
- Northern providers are eligible for a 60% grant.
Eligibility Criteria
- Canadian municipal governments (e.g., towns, cities, regions, districts and local boards thereof)
- Municipally owned corporations, such as municipal housing service providers; or
- Non-profit, mission-driven affordable housing providers, including cooperatives.
For more information, visit Federation of Canadian Municipalities (FCM).
For more information, visit https://fcm.ca/en/funding/gmf/capital-project-new-construction-sustainable-affordable-housing