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Action Plan - FCM

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Town of Banff Local <strong>Action</strong> <strong>Plan</strong><br />

9 Appendix 4: Available Funding Programs<br />

The Green Municipal Enabling Fund (GMEF)<br />

Coordinated by the Federation of Canadian Municipalities (<strong>FCM</strong>), GMEF, is a $50 million Fund that provides<br />

grants to support feasibility studies in municipalities. From 2000 to 2007, GMEF will support a large number<br />

technical, environmental and/or economic feasibility studies to assess innovative municipal projects. Grants<br />

cover up to 50 per cent of eligible costs to a maximum grant of $100,000.<br />

www.fcm.ca/scep/support/GMEF/gmef_index.htm<br />

Green Municipal Investment Fund (GMIF)<br />

Also coordinated by the <strong>FCM</strong>, the GMIF is a $100 million permanent revolving fund for the implementation of<br />

innovative environmental projects in Canadian municipalities. A municipal government or its partner can<br />

borrow funds through the GMIF, with project payback periods ranging from four to ten years. GMIF plans to<br />

support 15 to 20 projects a year.<br />

www.fcm.ca/scep/support/GMIF/gmif_index.htm<br />

Municipal Building Retrofit Program (MBRP)<br />

The MBRP is an <strong>FCM</strong> program that provides technical assistance to municipalities that are undertaking a<br />

retrofi program for municipal building stock.<br />

www.fcm.ca/scep/support/building_retrofit/mbrp_index.htm<br />

Affordability and Choice Today (ACT)<br />

Sponsored by Canada Mortgage and Housing Corporation and administered by the <strong>FCM</strong>, ACT is a national<br />

program designed to stimulate regulatory reform in Canadian municipalities, leading to greater affordability,<br />

choice and quality in housing. ACT provides funding to community teams made up of builders, developers,<br />

renovators, architects, planners, industry association staff, municipal staff, non-profit and consumer groups,<br />

and others. ACT can provide funding to your community team for three different kinds of regulatory reform<br />

projects.<br />

• Demonstration Project grants of up to $20,000 are available to help teams change regulations and<br />

carry out a building or renovation project – to show how new ideas in design, technology, planning or<br />

servicing can lower costs or meet special needs.<br />

• Approval Process Project grants of up to $10,000 are available to help your team change regulations<br />

and application procedures or administrative processes to improve housing affordability and choice.<br />

• Promotion Project grants of up to $5,000 are available to help you promote regulatory reform – to<br />

kick-start action in your community, to help promote a project on the go, or to share your experience<br />

with other communities.<br />

www.actprogram.com/english/welcome.asp<br />

Renewable Energy Deployment Initiative (REDI). Launched in 1996 by NRCan, REDI is a 6-year, $24<br />

million program that was developed to generate demand for renewable energy systems for space and water<br />

heating and cooling. REDI will pay for up to 25% of a municipality's purchase costs. Allowable projects<br />

include solar air heating, solar hot water systems, and high efficiency/low emissions biomass combustion<br />

systems of a total capacity of 75kW or more. To be eligible the system has to be commissioned between April<br />

1, 1998 and March 31, 2006.<br />

www2.nrcan.gc.ca/es/erb/english/View.asp?x=455<br />

The Sheltair Group Page<br />

Sept 2003<br />

90

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