{"id":42,"date":"2019-12-12T00:15:54","date_gmt":"2019-12-12T00:15:54","guid":{"rendered":"https:\/\/www.fnfa.dev4.oracastdev.com\/?page_id=42"},"modified":"2025-12-16T12:49:38","modified_gmt":"2025-12-16T20:49:38","slug":"eligible-revenues-projects","status":"publish","type":"page","link":"https:\/\/fnfafinal.dev5.oracastdev.com\/en\/for-first-nations\/financing\/eligible-revenues-projects\/","title":{"rendered":"Eligible Revenues &#038; Projects"},"content":{"rendered":"<div class=\"row cntBlock stackblock\" id=\"stackblock-block_adfbf63724e3f5be8aed0c3b16009dd3\">\n\t<div class=\"col-12 col-lg-5 offset-lg-1 order-1 order-lg-2\">\n\t\t<div class=\"stackImg\">\n\t\t\t<img decoding=\"async\" src=\"https:\/\/fnfafinal.dev5.oracastdev.com\/wp-content\/uploads\/2020\/02\/headband.jpg\" alt=\"Eligible Revenues\" \/>\n\t\t<\/div>\n\t<\/div>\n\t<div class=\"col-12 col-lg-6 order-2 order-lg-1\">\n\t\t<h3>Eligible Revenues<\/h3>\n\t\t<p>FNFA works with its First Nation members to determine the available revenues that the First Nation will pledge to FNFA to support their financing requirements. (<a href=\"https:\/\/fnfafinal.dev5.oracastdev.com\/wp-content\/uploads\/2020\/02\/Eligible-Revenues-rebranded.pdf\" target=\"_blank\" rel=\"noopener\">see the full list of eligible revenue sources here<\/a>).<\/p>\n<p>Borrowing against other revenue sources are set out by a <a href=\"https:\/\/laws-lois.justice.gc.ca\/eng\/regulations\/SOR-2011-201\/index.html\" target=\"_blank\" rel=\"noopener\">specific regulation<\/a>\u00a0provided for in the FNFMA. See section 4.<\/p>\n\t\t\t<\/div>\n<\/div>\n\n\n<div class=\"row cntBlock stackblock\" id=\"stackblock-block_d8e797e2bb047ff857acd7a859b33cdf\">\n\t<div class=\"col-12 col-lg-5 order-1\">\n\t\t<div class=\"stackImg\">\n\t\t\t<img decoding=\"async\" src=\"https:\/\/fnfafinal.dev5.oracastdev.com\/wp-content\/uploads\/2020\/02\/lp-sweetgrass.png\" alt=\"Eligible Projects\" \/>\n\t\t<\/div>\n\t<\/div>\n\t<div class=\"col-12 col-lg-6 offset-lg-1 order-2\">\n\t\t<h3>Eligible Projects<\/h3>\n\t\t<p>FNFA raises capital to finance community infrastructure and economic development for First Nation communities (<a href=\"https:\/\/fnfafinal.dev5.oracastdev.com\/wp-content\/uploads\/2020\/02\/Eligible-Projects-rebranded.pdf\" target=\"_blank\" rel=\"noopener\">see the full list of eligible projects that can be supported by other revenues here<\/a>).<\/p>\n<p>FNFA\u2019s lending mandates are to provide both short-term and long-term loans to its borrowing members.<\/p>\n\t\t\t<\/div>\n<\/div>\n\n\n<div class=\"row cntBlock col3block\" id=\"col3block-block_70480ab00b665442023de22e05ae60e2\">\n\t\t\t\t\t\t\t\t<div class=\"col-12 col-lg-4\">\n\t\t\t\t\t\t\t\t\t\t\t\t<p><strong>Short-term loans provide flexibility<\/strong> as they only require interest payments. This is especially beneficial during the construction stages of the project, requiring less debt servicing while significant cash requirements for the project are needed.<\/p>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"col-12 col-lg-4\">\n\t\t\t\t\t\t\t\t\t\t\t\t<p><strong>Once construction is complete<\/strong>, the borrowing member will transition the loan to a long-term loan with terms up to 30 years. Long-term loans require both interest and principal payments. Typically, FNFA fixes the interest rate on long-term loans for 10-year periods. Loan terms longer than 10 years would see refinancing occur at the end of the 10<sup>th<\/sup> year of their term.<\/p>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"col-12 col-lg-4\">\n\t\t\t\t\t\t\t\t\t\t\t\t<p><strong>Refinancing existing debt <\/strong>for projects that meet the eligibility criteria is also an option. FNFA\u2019s access to low and fixed interest rates and its flexibility in setting repayment terms can result in a significant decrease in the annual debt-service payments. This enables a First Nation to redirect these savings towards new developments without increasing its debt load.<\/p>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":38,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"episode_type":"","audio_file":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","date_recorded":"","explicit":"","block":"","itunes_episode_number":"","itunes_title":"","itunes_season_number":"","itunes_episode_type":"","filesize_raw":"","footnotes":""},"class_list":["post-42","page","type-page","status-publish","hentry"],"acf":{"tagline":"","header_background_color":"","title_replace":"","banner_image":{"ID":13289,"id":13289,"title":"ELIGIBLE REVENUES","filename":"ELIGIBLE-REVENUES.webp","filesize":134126,"url":"https:\/\/fnfafinal.dev5.oracastdev.com\/wp-content\/uploads\/2025\/12\/ELIGIBLE-REVENUES.webp","link":"https:\/\/fnfafinal.dev5.oracastdev.com\/en\/for-first-nations\/financing\/eligible-revenues-projects\/eligible-revenues\/","alt":"","author":"1","description":"","caption":"","name":"eligible-revenues","status":"inherit","uploaded_to":42,"date":"2025-12-16 19:56:26","modified":"2025-12-16 20:49:39","menu_order":0,"mime_type":"image\/webp","type":"image","subtype":"webp","icon":"https:\/\/fnfafinal.dev5.oracastdev.com\/wp-includes\/images\/media\/default.png","width":2200,"height":1135,"sizes":{"thumbnail":"https:\/\/fnfafinal.dev5.oracastdev.com\/wp-content\/uploads\/2025\/12\/ELIGIBLE-REVENUES-150x150.webp","thumbnail-width":150,"thumbnail-height":150,"medium":"https:\/\/fnfafinal.dev5.oracastdev.com\/wp-content\/uploads\/2025\/12\/ELIGIBLE-REVENUES-300x155.webp","medium-width":300,"medium-height":155,"medium_large":"https:\/\/fnfafinal.dev5.oracastdev.com\/wp-content\/uploads\/2025\/12\/ELIGIBLE-REVENUES-768x396.webp","medium_large-width":640,"medium_large-height":330,"large":"https:\/\/fnfafinal.dev5.oracastdev.com\/wp-content\/uploads\/2025\/12\/ELIGIBLE-REVENUES-1024x528.webp","large-width":640,"large-height":330,"1536x1536":"https:\/\/fnfafinal.dev5.oracastdev.com\/wp-content\/uploads\/2025\/12\/ELIGIBLE-REVENUES-1536x792.webp","1536x1536-width":1536,"1536x1536-height":792,"2048x2048":"https:\/\/fnfafinal.dev5.oracastdev.com\/wp-content\/uploads\/2025\/12\/ELIGIBLE-REVENUES-2048x1057.webp","2048x2048-width":2048,"2048x2048-height":1057}}},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Eligible Revenues &amp; 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