Community Enhancement Program - Rural Enhancement Funding Stream

Overview of the Community Enhancement Program - Rural Enhancement Funding Stream program:

Rural municipalities, Indigenous communities, not-for-profit organizations, and Local Services Boards have or serve a population of less than 30,000. The applicant must own all buildings, facilities, or land improved with NOHFC funding. The applicant may be required to reimburse NOHFC if assets financed by NOHFC are sold within the first three years after project completion.

Benefits of the Community Enhancement Program - Rural Enhancement Funding Stream program:

• Funding is in the form of a conditional contribution, and will generally, not exceed the lesser of 50% of eligible costs or $2,000,000.

Eligibility criteria of the Community Enhancement Program - Rural Enhancement Funding Stream program:

• Applications will be evaluated using the following criteria:
  • Identification and alignment with a planning process such as a community or organizational plan
  • How the project builds on and optimizes the capacity and efficiency of existing infrastructure
  • Strength of project plan that identifies the technical, managerial and financial capacity for implementing the project and sustaining the facility
  • Applicant should demonstrate how an NOHFC investment is necessary to make the project viable