Green Municipal Fund for Sustainable Affordable Housing Projects
After having joined the reflection process on project criteria, the Centre is pleased about the recent launch of FCM’s (Federation of Canadian Municipalities) 300-million-dollar Sustainable Affordable Housing Initiative.
“This funding stream will help affordable housing providers to realize new and exciting energy efficiency opportunities,” said Stéphan Corriveau, Executive Director at the Centre. “With the available funding, many new projects can take shape and make tenants’ lives more comfortable while meeting environmental standards. “
Aging housing stock, rising energy costs and increasing demand for affordable housing have created a unique challenge for affordable housing providers. Through the Sustainable Affordable Housing Initiative, funding is available to municipal and non-profit organizations, as well as housing co-ops. This stream supports energy efficient building’s construction, equipped with lower GHG emissions. It is also possible to upgrade existing affordable housing units in order to increase energy efficiency.
Specific information on eligibility requirements for housing providers can be found in this guide. Local non-profit housing initiatives are strongly encouraged to apply for Sustainable Affordable Housing– as the call for applications is now open!
The Centre’s Contribution to Promote Environmental Sustainability
Reducing the sector’s environmental footprint is one of the Centre’s five main objectives for the years to come. Two specific purposes are a central to our work for the years to come:
• Helping housing providers, tenants, and members to reduce their environmental footprint
• Promoting the use of existing tools and encourage adoption.