Municipalities that receive operating funding under the TAPD program may apply for capital funding for the purchase of a replacement vehicle for their paratransit service.
Participating municipalities can apply for 75% of the cost of the vehicle to a maximum amount of $55,000. The municipality is responsible for covering 25% of the cost and this can include community donations and fund raising money.
To be eligible for Capital funding, the Municipality must be the registered owner of the existing vehicle that is being replaced, as well as the replacement vehicle.
Municipalities must submit Form A -Application for Capital Grant Approval as well as a Form 2 - TAPD Vehicle Status Report for each vehicle requested.
Capital Grant applications can be submitted anytime during the year and should be submitted before any financial commitment is made to purchase a vehicle.
In order to be considered for funding in the upcoming provincial fiscal year, municipalities should submit their completed application by April 1st. Applications will be processed and recipients will be selected for Capital grants in that fiscal year.
To date, the TAPD - Capital Funding and the Centenary Fund have provided funding for over 300 replacement vehicles to participating municipalities.