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Rent-to-Own Pilot Program
2024-07-31
The Rent-to-Own Pilot Program gives Island residents with modest incomes who do not currently own a home the opportunity to “rent to own” an eligible home, up to a maximum value of $350,000 (including HST, if any).
Eligible Islanders can submit applications to Finance PEI for the opportunity to...
Subdivision Development Financing Program
2024-06-13
The Subdivision Development Financing Program (SDFP) is a financing support pilot program that will help qualified developers offset infrastructure costs for long-term residential housing developments. This program will support projects funded through the Municipal Infrastructure Fund (MIF).
How...
Residential Home Heating Loan Program
2024-05-14
Loan Applications to the Residential Home Heating Program must be made before any work commences; financing is not available for projects that are already completed.
The Residential Home Heating Loan Program (RHHP) will provide Prince Edward Island homeowners, who are approved applicants, with...
Long-Term Care Capital Infrastructure Pilot Program
2024-04-09
The Long-Term Care Capital Infrastructure Pilot Program is designed to provide approved Private Long-Term Care facilities with the opportunity to access financing of up to 100% of eligible project costs for new construction and/or fit-up of existing long-term care (LTC) facilities.
This funding is...
Apply Online for Down Payment Assistance – Modest Income Homeowner
2024-03-08
Down payment assistance is available for modest-income homeowners who qualify for a default-insured mortgage to purchase their first home. Eligible applicants whose annual household income is $100,000 or less may apply to Finance PEI for a conditionally interest-free loan (maximum $17,500) for up...
Housing Development Challenge
2023-12-15
This program is now closed.
A Housing Development program has been designed to invite developers/contractors/landlords to submit proposals for new residential development projects on PEI including infrastructure. This loan program is intended to assist approved developers/contractors/landlords...
Energy Efficiency Loan Program – Online Application
2021-01-19
Island residents adding energy efficiency upgrades to their home may be eligible to borrow up to $10,000 from the provincial government to help finance the cost. The Energy Efficiency Loan Program is available to a registered owner of a year-round residential property and where the...
Tourism Assistance Loan Program
2020-04-24
This program is now closed to applications.
A funding program has been developed by the Province of PEI to support the PEI Tourism Operators through a joint partnership of Finance PEI and Tourism PEI. This new program will provide funding in the form of a repayable loan to...