Whether you wish to BUY YOUR FIRST HOME or need to RENOVATE or make REPAIRS in order to stay in your existing house, help is available! All Residents Down Payment Assistance Program - Saving for a down payment for your first home may seem impossible. Depending on your income, you...
Islanders have access to another 144 social housing units across the province following purchases by the PEI Housing Corporation over the last fiscal year. Investments in housing have been made in 8 Island communities and include a mix of single-family, duplexes, row houses, mini...
Island not-for-profit organizations and municipalities can access financial assistance to further develop rural areas of Prince Edward Island. Through the Community Revitalization Program (CRP), municipalities and incorporated not-for-profit organizations can request financial...
A building permit ensures that your structure is designed and constructed in compliance with the National Building Code and where applicable the National Energy Code for Buildings. It is issued according to the provincial Building Codes Act and regulations. A building permit is required for the following (please note this is not the full list of structures that may require a building permit): Any dwelling (building used for residential occupancy) including a tiny home or cottage; Structures for industrial, institutional, commercial, and other uses; Accessory building greater than 20 m 2 (~215...
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...
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 much financing is available under this program? The Subdivision Development Financing Program will provide qualified developers and landowners with access to 2% financing on up to 90% of eligible project costs associated with subdividing and developing vacant land into individual residential lots for...
How much funding is available? The program will provide forgivable loans of up to $55,000 per unit to increase the number of affordable housing options in the province. Who is eligible to apply for funding? The Affordable Housing Development Program is open to non-profit...
An additional three housing units built by Holland College students will support Islanders on the social housing registry in Summerside. The Government of Prince Edward Island, through the PEI Housing Corporation, has partnered with Holland College to create five single-family...
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...