Deadline to apply

Closing deadline: June 30, 2020 11:59 PM Pacific Time (closing date currently under review due to COVID-19)

Complete our readiness survey to start your application!

Who can apply

1. All Canadian municipal governments
2. Their project partners, which includes:

  • Private sector entities
  • Indigenous communities 
  • Municipally-owned corporations
  • A regional, provincial or territorial organization delivering municipal services
  • Non-governmental organizations
  • Not-for-profit organizations
  • Research institutes (e.g., universities)

Call for applications: Capitalize new and existing community efficiency financing programs

Complete our readiness survey to start your application!


This call for applications will fund municipal programs that finance energy efficiency retrofits and renewable energy in residents’ homes (existing low-rise residential housing). This funding is to capitalize new and existing innovative efficiency financing programs.

To be eligible for this call for proposals, your initiative must:

  • Provide financing and related services that help homeowners retrofit their homes for energy efficiency or install renewable energy
  • Meet all of the prerequisites listed below

We are looking for programs with multiple benefits, including:

  • Address barriers homeowners face when undertaking energy retrofits
  • Provide proof-of-concept/replicable models that other municipalities can use to deliver energy financing initiatives
  • Engage a range of stakeholders
  • Demonstrate strong environmental, financial and social benefits, either directly to your community or through replication in other municipalities

Successful recipients of this funding will have the opportunity to exchange with peers on best practices and lessons learned and will receive financial support to participate in targeted capacity building activities designed to build your teams’ skills and improve your programs’ success.

The provincial and territorial regulatory environment for community efficiency financing varies across Canada. FCM is aiming to provide flexibility to ensure your local program meets the needs of your local community. To ensure this call for applications is accessible to all Canadian municipalities, FCM will fund two types of financing models:

  1. Property Assessed Clean Energy (PACE) financing undertaken by municipal governments
  2. Third party lending with municipal support (e.g., utility on-bill financing, non-secured loan products)


Funding for local energy programs must support the following types of initiatives in existing low-rise residential buildings (e.g., detached, semi-detached, row housing):

  • Energy efficiency improvements (e.g., insulation, heating and cooling systems, windows, doors) and/or renewable energy installations (e.g. solar rooftop PV)
  • Up to 30% of GMF funding for other home improvements such as water conservation, climate resilience, and health and safety improvements prioritized by a municipality

Time to complete projects

Projects must be completed within four years from the date a contract is executed between the recipient and FCM.

Prerequisites

For a municipality as a lead applicant:

  • A community energy, sustainability or climate action plan, or similar, that identifies energy efficiency and renewable energy in the residential sector as a priority area for action
  • A feasibility study, market study, business case or similar for launching or expanding your financing program
  • A municipal program by-law or similar resolution, which authorizes the use of the specified financing mechanism in accordance with relevant provincial/territorial legislation
  • A municipal council resolution or attestation from the city manager committing to capitalize or recapitalize the program
  • Proof you have legal authority to pursue the proposed initiative (e.g., a letter from your Province/Territory or Legal Counsel)

For a project partner as a lead applicant

  • Same requirements as municipality as a lead applicant; plus a signed agreement between the partner organization and the participating municipality highlighting the contractual obligations of all parties

Quebec municipalities

FCM has an agreement with Quebec's Ministère des Affaires municipales et de l’Habitation (MAMH) that allows the ministry to review applications to GMF before they are submitted to FCM. As the Community Efficiency Financing initiative is still in review with the Quebec government, Quebec municipalities interested in applying should contact GMF.

Notes
  • Partial loan guarantees are available to de-risk investments made by third-parties into local energy financing programs.
  • We reserve the right to make changes to eligibility criteria and the types of projects funded through this call for applications.
Amount
  • Up to $10 million in loans and partial loan guarantees
  • Grants worth up to 50% of the loan amount
    • The maximum GMF contribution to any eligible program is up to 80% of eligible costs.
How to Apply

This funding has a two-stage application process with the following deadlines:

Stage 1: Complete the readiness survey as soon as possible to determine whether you are eligible to apply.

Stage 2: Eligible projects will be invited to submit an application by June 30, 2020, 11:59 p.m. Pacific Time.

If you are not eligible to apply, sign up for our e-newsletter to stay informed about other funding opportunities.

Need help?

If you have questions or are having trouble with a particular step in the process, reach out! Email us so we can better assist you. Once received, we’ll be in touch within 5 business days.

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The Green Municipal Fund is a $1 billion program, delivered by the Federation of Canadian Municipalities and funded by the Government of Canada.

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