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Province provides $75 million to accelerate construction of close to 400 new housing units across PEI
Island residents will have access to more places to call home with the new developments financed by the Province. Due to the volume of applications during the second intake of the Housing Challenge Fund, the Province increased the original budget of $50 million to a $75 million...
Province partners with Holland College and Construction Association to build tiny homes
Tiny homes built by Holland College students and apprentices through the Construction Association will create 32 units to support Islanders on the social housing registry. Two new units will be added this year under an agreement with Holland College. Following that, through a...
Province launches Rent-to-Own program
More Island residents will be able to reach their home ownership goals through a new provincial housing support program. The PEI Rent-to-Own program gives eligible participants the opportunity to purchase their home without the immediate need for a down payment or a pre-approved...
Province invests another $50 million to increase housing supply
Community and not-for-profit organizations, and private developers can build new rental properties with provincial financial assistance. The Housing Challenge Fund pilot has been renewed to help fast-track new housing stock across the Island. With a 10 year 2 per cent interest...