This funding opportunity provides combined loan and grant funding to support municipalities in constructing innovative infrastructure that has the potential to result in a significant contribution to net-zero. GMF capital projects are usually composed of physical assets. These are defined by following generally accepted accounting principles (GAAP). Combined grant and loan for up to 80% of eligible costs
Combined grant and loan to a maximum of $10M
Grant up to 15%** of the total loan amount
Additional 5% grant available if the project involves the remediation of a brownfield site