National Institutional Financial Incentives for Insulation
Green Municipal Fund
The Federation of Canadian Municipalities (FCM) has provided funding for capital projects that mitigate the impacts of climate change, including retrofits, construction, replacement, expansion, or purchase and installation of fixed assets or infrastructure. The projects demonstrate an innovative solution or approach to a municipal environmental issue, and offer significant environmental benefits, a strong business case and social advantages, and are complemented by local policies and measurement systems.
- Low-interest loan for up to 80% of eligible project costs, to a maximum of $5 million (or $10 million for high-ranking projects)
- Grant amount set at 15% of the loan
Applications are accepted year-round, but approval dates are made twice a year.