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New Resources for Neighbourhood-Level Development

By ReNew Canada 08:44AM July 08, 2009

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Canada Mortgage and Housing Corporation (CMHC) and Natural Resources Canada (NRCan) are partnering with EQuilibrium Communities to provide support, including funding (up to $550,000 per project) to private, public and non-profit developers that are developing what they consider to be “leading-edge sustainable development neighbourhood-scale projects” in Canada.

They’ve issued a request for qualified development teams with eligible development projects to submit details about how they would use this funding to improve the energy and environmental performance of their projects, monitor performance and/or showcase the energy and environmental innovations.

Beyond funding, resources available to chosen projects could include research assistance, and technical and promotional support. About six projects will be chosen, though that number may increase or decrease depending on the number and strength of submissions. Projects that can be complete by the end of 2012 will be prioritized.

Projects should fall into one of six categories: energy, land use and housing, water, wastewater and stormwater, transportation, natural environment (a community that protects and enhances/restores the natural environment), and financial viability (a marketable community that through its design, operation, integration and financing is economically viable over the long-term).

Both “showcase projects” and “improvement projects” will be considered.

Any private, non-profit or public developer can apply. Look here for details about the RFP.

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