Build Affordable housing

Community Partners & Private Developers

Financing supports are available to community housing providers (NGOs) to build new affordable housing and renew existing housing inventory across Prince Edward Island.

Government wants to hear about ideas and concepts for new developments from potential HOUSING PARTNERS that will provide long term housing solutions for Islanders.

Private Developers

Government is working to cut RED TAPE and provide financing SUPPORTS to developers to ensure that all Islanders have an affordable place to call HOME that meets their needs.

Available Funding

Building Affordable Housing - Housing Assistance for Developers

Funding Program Name Partner
Affordable Housing Development Program provides forgivable loans of $55,000 per unit to non-profit corporations, private sector, development corporations, housing cooperatives or municipalities to increase the number of affordable housing options. Social Development and Housing
Multi-Unit Residential Loan Program provides a financing program for property which will assist in the construction of multi-unit residential developments on PEI.  A multi-unit development consists of 2 or more units. Finance PEI
SEED Funding Program provides for interest-free loans and non-repayable contributions. CMHC*
Co-Investment Fund provides low-cost loans and/or financial contributions to support and construct mixed-income, mixed-tenure, mixed-use affordable housing. CMHC*
Rental Construction Financing provides low-cost loans to encourage construction of sustainable rental housing where the need is demonstrated. CMHC*


To discuss solutions and partnership opportunities or to ask about a submission, contact:

Department of Social Development and Housing

Salvation Army logo Blooming House logo Community Legal Information Association logo
Habitat for Humanity logo Canadian Mental Health Association logo


Community Housing Projects

Community Partner Investment Purpose
Boys and Girls Club, partner with LifeHouse Group $100,000 To establish a women's shelter in Summerside
Canadian Mental Health Association, PEI Division $2 million 20 unit, three-story apartment complex
Habitat for Humanity PEI $1 million 4 homes
Salvation Army $3.7 million over 3 years Support for Bedford MacDonald men's shelter, Smith Lodge Transition housing, Community Outreach Centre
Parkdale Sherwood Lions Club funding through AHDP ($720,000) and CHF ($750,000) 32 unit Senior's Complex
Salvation Army Bedford MacDonald House $355,500 Annual grant to operate the shelter for man as well as the temporary shelter phone line
Blooming House Emergency Shelter for Women (pilot project) $85,300 Seed funding for start-up and staff
Canadian Mental Health Association, PEI Division $3 million Community Housing Fund
Habitat for Humanity PEI $625,000 25 homes
Health PEI and Canadian Mental Health Association, PEI Division $1.3 million 10 units of transitional housing
Community Legal Information Association $78,000 A new tenant support worker helps tenants with rental concerns, links to housing supports as well as navigating the complaint process.

* The Government of Canada, through Canada Mortgage and Housing Corporation (CMHC), works with its provincial and territorial partners by providing funding to reduce the number of Canadians in need by improving access to affordable, sound and suitable housing. There are several new programs available to support new housing development and renovations.

Published date: 
October 25, 2022
Housing, Land and Communities

General Inquiries

Department of Housing, Land and Communities
Sullivan Building
16 Fitzroy Street
Charlottetown, PE C1A 7N8

Phone: 902-218-8569