After a project is listed on the CWSRF Intended Use Plan (IUP) Annual List, the applicant may submit a CWSRF financing application to EFC. Although applications are accepted on a continuous basis, an application deadline is necessary to coordinate work on a large number of projects expected to participate in subsidized financings. This deadline is typically March 1st and is published in the current IUP. Applications received after the deadline may be postponed to the next IUP year. Applicants with projects below the IUP Annual List subsidy lines may submit a financing application at any time if interested in receiving unsubsidized financing.
Plan on submitting your financing application as soon as possible to meet your needs for timely access to funds. This will give EFC adequate time to process your application, request clarification, prepare closing documents, and ensure you are able to receive disbursements.