Green Municipal Fund to provide up to $20M under 2007 Brownfields RFP
Through its annual Brownfields request for proposals (RFP), the Federation of Canadian Municipalities (FCM)'s Green Municipal Fund (GMF) will award up to $20 million in loans to help municipal governments and their partners carry out specific brownfield remediation capital projects.
A competititve RFP for brownfield remediation projects will open on August 22, 2007 and will close October 31, 2007. Intent to Apply forms will be available after August 22, with submission due by September 19, 2007. These forms, along with details of the RFP requirements and processes, may be downloaded after August 22 from the FCM Centre for Sustainable Community Development Web site, www.sustainablecommunities.fcm.ca, or requested from Nathalie Lapointe, GMF application co-ordinator, 613/907-6261, FAX 613/244-1515, E-mail email@example.com.
Applicants will be notified if their Intent to Apply is accepted and asked to submit a detailed proposal. This will be reviewed by a team of independent, third-party experts. Final decisions on funding will be available in March 2008.
The 2007 Brownfields RFP seeks to fund brownfield remediation projects undertaken as a first step to site redevelopment. Municipal governments are eligible to apply for funding for the remediation of a site owned by the municipality. Redevelopment plans must include either conservation of heritage buildings or construction of new buildings to at least a LEED(tm) Silver rating. Maximum funding to be provided per project is 80% of the total project cost, to an upset limit of $10 million.
The GMF issues RFPs annually in five sectors of municipal operation: energy, transportation, waste, water, and brownfield remediation. A limited amount of funding is available for each RFP and as a result only the best applications will receive funding.
In addition to low-interest loans and grants, the GMF builds capacity and shares knowledge to help municipal governments and their partners develop more environmentally, socially and economically sustainable communities. To ensure the greatest possible impact, GMF invests in the best examples of municipal leadership in sustainable development--examples that can be replicated in other communities.
The FCM administers the $550-million GMF on behalf of the federal government. To date, the FCM reports that almost 600 GMF studies, field tests, plans and capital projects have been approved for funding of $320 million, leveraging over $1.9 billion of economic activity in nearly 300 communities across Canada.