2021.IE24.9
Capital Loan and Grant from the Federation of Canadian Municipalities to the City of Toronto for the Home Energy Loan Program
Background
“Through the Home Energy Loan Program (HELP), the City offers low-interest loans to help homeowners make their homes more energy efficient and reduce greenhouse gas emissions, in support of the City’s TransformTO climate action strategy and net-zero emissions target.” New funding “will be used to enhance the City's current HELP program and help Toronto homeowners undertake home energy efficiency retrofits and support the local economy.”
Source: City of Toronto
Item Description
“City Council authorize the Deputy City Manager, Corporate Services, the Chief Financial Officer and Treasurer and the Mayor to enter into a grant and loan agreement with the Federation of Canadian Municipalities to accept a loan…to support energy-efficient retrofits through the Home Energy Loan Program.”
Source: City of Toronto
Proposed by
Infrastructure and Environment Committee
Result
CarriedVotes
