We fund design studies to help municipalities and their partners develop or improve a local home upgrade financing initiative that improves energy efficiency.
A design study builds upon market intelligence and research, including feasibility studies, by advancing a program design that meets local community needs and municipal priorities. It lays the foundation for a home energy upgrade financing program by documenting the details needed to obtain approval by a municipal government.
These studies should address the following design considerations:
- Target audience
- Eligible home upgrades supported
- Criteria for homeowner eligibility
- Sources of capital and recommended financing model (e.g., Property Assessed Clean Energy [PACE], utility on-bill or third-party lender)
- Financing terms and conditions
- De-risking strategies (e.g., credit assessment, municipal loan loss reserve & partial loan guarantee for third party lender)
- Utilizing the EnerGuide Home Rating System as a platform for data collection and the reporting of energy and environmental benefits
- Marketing and communications strategies
- Integration with relevant incentive programs
- Program delivery models
- Legal and administrative issues
- Capital and operating budgets
- Workforce training needs
- Municipal program by-laws (where relevant)
See the application guide for full details. [link to app guide]
- 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, and has been approved by the municipal government’s council.
- A completed feasibility study, or equivalent, that recommends one or more financing options for detailed program design.
We reserve the right to make changes to eligibility criteria and the types of projects funded through this offer.
This funding has a three-stage application process:
- Stage 1: Review the application guide.
- Request an accessible version. Contact us.
- Stage 2: Complete the initial proposal form and submit it to GMF to confirm your eligibility as an applicant and the eligibility of your study. Applicants will receive a response within 15 business days of receipt of initial proposal.
- Stage 3: Eligible studies will be invited to submit a full application by October 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.