\u00a0<\/p>\n
Ontario Construction News staff writer<\/p>\n
The Government of Canada and the Federation of Canadian Municipalities (FCM) have approved $66.3 million for 162 energy efficiency projects across the country.<\/p>\n
The funding is being provided through the Green Municipal Fund\u2019s Community Efficiency Financing (CEF) and Sustainable Affordable Housing (SAH) initiatives. It includes capital projects, program design studies and feasibility studies.<\/p>\n
Of the total, $34.6 million will support 21 projects through the CEF initiative, which helps municipalities and their partners provide financing options for homeowners undertaking energy-efficiency upgrades.<\/p>\n
Homeowners save an average of 30 per cent in energy costs following CEF-funded upgrades, according to the announcement.<\/p>\n
The financing programs are designed and administered by municipalities, utility providers and third-party partners to address financial barriers to home energy upgrades.<\/p>\n
Since CEF launched in 2020, retrofit programs have been established in 47 municipalities across eight provinces, with more than 16,000 homeowners anticipated to access home energy retrofits.<\/p>\n
The 21 programs in the latest announcement span communities from Atlantic Canada to British Columbia.<\/p>\n
The announcement also includes $31.6 million for 141 projects through GMF\u2019s Sustainable Affordable Housing initiative.<\/p>\n
Launched in 2020 as a six-year, $300-million program, SAH supports not-for-profit organizations, co-operatives and municipalities in retrofitting existing housing and constructing new energy-efficient homes.<\/p>\n
To date, the program has supported more than 3,700 housing units across Canada, with projects aimed at reducing emissions, lowering operating costs and improving housing quality.<\/p>\n
The projects are intended to help rural, urban and remote communities address housing shortages, build economic resilience and improve housing for families, seniors and individuals in need.<\/p>\n","protected":false},"excerpt":{"rendered":"\u00a0 Ontario Construction News staff writer The Government of Canada and the Federation of Canadian Municipalities (FCM) have…\n","protected":false},"author":2,"featured_media":924984,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[49,48,44],"class_list":["post-924983","post","type-post","status-publish","format-standard","has-post-thumbnail","category-canada","tag-ca","tag-canada","tag-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/924983","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=924983"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/924983\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/924984"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=924983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=924983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=924983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}