Financing programs for municipalities and local governments

We track 5 financing programs for municipalities and local governments that are open or ongoing right now, plus 2 that take applications in intake windows. 2 of the open or ongoing programs publish a figure of $100K or more. They are ranked below by our 0 to 100 score, which weighs how much a program pays against how hard it is to win; last checked Oct 29, 2026.

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Ranked programs

7 open, ongoing or intake-based programs, best score first.

  1. Electric Vehicle Affordability Program (EVAP)

    Transport Canada

    Point-of-sale incentives for Canadians, organizations and businesses buying or leasing an eligible new electric vehicle. It replaces the closed iZEV program.

    OngoingFederalOther incentivesUp to $5K
    45
    Strong

  2. Clean Electricity Investment Tax Credit

    Canada Revenue Agency / Natural Resources Canada

    Refundable credit of up to 15% of capital cost of eligible clean electricity property (generation, storage, transmission), open to taxable corporations and also to...

    OngoingFederalOther incentives
    31
    Worth a look

  3. Southwestern Ontario Development Fund (SWODF)

    Ontario Ministry of Economic Development, Job Creation and Trade

    Provincial funding for business expansion and community economic development projects in southwestern Ontario.

    Intake-basedOntarioGrantsUp to $5M
    28
    Worth a look

  4. CMHC Apartment Construction Loan Program (ACLP)

    Canada Mortgage and Housing Corporation (CMHC)

    Low-cost construction-to-stabilization loans for rental housing, including standard rental, seniors and student housing. Key financing for real estate developers.

    OpenFederalLoans
    21
    Long shot

  5. Eastern Ontario Development Fund (EODF)

    Ontario Ministry of Economic Development, Job Creation and Trade

    Provincial funding for business expansion and community economic development projects in eastern Ontario (the program asked about as 'Eastern Ontario Development...

    Intake-basedOntarioGrantsUp to $5M
    21
    Long shot

  6. Build Canada Homes (BCH) - proposal portal and financing

    Build Canada Homes (Housing, Infrastructure and Communities Canada)

    Federal agency that finances and builds affordable housing with private developers, non-profits, Indigenous partners and governments; uses tools such as loans, loan...

    OpenFederalLoans
    13
    Long shot

  7. Canada Infrastructure Bank - Infrastructure for Housing Initiative

    Canada Infrastructure Bank (CIB)

    Low-cost, risk-sharing loans for public infrastructure that enables housing growth; repayments are linked to growth in housing units. The CIB finances enabling...

    OngoingFederalLoans
    10
    Long shot

How we rank

Each program gets a score from 0 to 100 that asks how much money you can realistically get for how little work. It blends the largest published amount (loans count for less because they are repaid), how much effort an application takes, how likely an eligible applicant is to succeed and how many people qualify. Closed programs score zero and programs without a published dollar figure get a neutral value, never a guess. Scores are editorial estimates, not predictions of approval.

Questions

How many financing programs for municipalities and local governments are open right now?

Of the 11 financing programs for municipalities and local governments in our database, 5 are open or ongoing and 2 take applications only in intake windows. The rest are closed, paused or of unknown status, so they are not ranked on this page. Counts reflect our last check on Oct 29, 2026; programs can change without notice.

What is the largest published amount among these programs?

Canada Infrastructure Bank - Infrastructure for Housing Initiative publishes the largest figure on this page, shown as "$50M". Published figures are program maximums, caps or limits, not what an applicant should expect to receive; many programs pay a share of eligible costs and amounts depend on your project and eligibility.

Which financing programs for municipalities and local governments rank highest?

Right now the top three by our score are Electric Vehicle Affordability Program (45, Strong), Clean Electricity Investment Tax Credit (31, Worth a look), CMHC Apartment Construction Loan Program (21, Long shot). The score combines the size of the published amount, how much work an application takes, how likely an eligible applicant is to succeed and how many people qualify.

Do I have to pay this money back?

It depends on the program. Grants and incentives are generally not repaid, loans always are, and some contribution agreements are partly or fully repayable, so read the terms of each program. Among the 5 open or ongoing programs here, 0 are in our Grants category, 3 are loans and 2 are other incentives such as tax credits and rebates.

Are these federal or Ontario programs?

5 of the 5 open or ongoing programs here come from the federal government and 0 from the Ontario government. Both levels can usually be combined, but many programs have stacking rules that cap total government funding for the same costs, so check them before you apply.

Is this an official government website?

No. Grants & Loans Finder is an independent research tool. Each program page links to the official source, and applications are always made with the government agency or lender that runs the program.

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Estimates; confirm on the official page. Independent research tool, not a government website. Data last checked Oct 29, 2026. Grants & Loans Finder.