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Posted: Friday, June 25, 2021

New Construction of Sustainable Affordable Housing

Federation of Canadian Municipalities

Description

We 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.

Eligibility

  • 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.

Funding

  • 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. Please see application guide for details. 

How to Apply

  1. Download and review our application guide. 
  2. Ensure you have all supporting documentation required, including a detailed project budget in place. Refer to the application guide for a complete list (Appendix B).
  3. Complete and submit the initial proposal form and project summary sheet.
  4. Receive eligibility confirmation and full application form from GMF within three weeks.
  5. Complete and submit the full application and project workbook.

Application Period

Applications are accepted year-round, though this offer will close when the annual funding has been allocated.
Contact Name: Federation of Canadian Municipalities
Contact Phone: 1-877-417-0550
Contact Email: [email protected]
Subject Area(s): Housing
Last Reviewed: June 25, 2021, 2:42 pm
Deadline: No Official Deadline
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