The province has extended the Rental Unit Property Tax Subsidy to help support landlords cover their increased costs without raising rents for Islanders. Since launching in January, 1,017 properties have been approved for the subsidy. “We do not want to see Islanders having to...
The Closing Cost Support Program assists Prince Edward Islanders of low and modest incomes with financial assistance to cover a portion of the closing costs on the purchase of their first home. Eligible applicants can apply to receive a contribution of up to $2,500 to support the closing costs of the purchase. Apply using the online form below. Am I eligible for closing cost assistance for my first house? For an applicant to be eligible for assistance, the following criteria must be met: At least one of the Applicants is a citizen or permanent resident of Canada and the Applicant is a resident...
The Government of PEI is creating three new programs to support landlords during the 2023 rental freeze. The Province is launching a Rental Unit Property Tax Subsidy to provide relief of provincial property taxes payable in 2023 which would decrease landlord property tax costs...
Program Closed As of February 21, 2025, the budget for this program has been fully committed and the program is now closed. Is my project eligible for funding? Projects must meet the following criteria: Applicant is the property owner; Property is not connected to centralized or municipal water and sewer; Roadway access to the property does not exist or needs to be upgraded (paving is not included); Construction on the project has not started; The property must have been owned by the applicant for at least one year prior to application; and The program will only be available for developments...
The Residential Tenancy Act that was passed in the Fall 2022 sitting of the Legislative Assembly received proclamation and is now enacted. Key changes that will come into effect include: Maintaining the annual allowable rent increase at 0% until December 31, 2023. A cap of three...
What are the classes of municipalities? The following classes of municipalities can be created: City Town Rural Municipality Municipalities that were called Communities (including former Community Improvement Committees and Villages) under previous legislation are called Rural...
The Department of Housing, Land and Communities issued a Request for Proposals in the fall of 2022 to engage a consultant to complete a needs assessment for Kings County to better understand the current housing needs for the area which includes out-of-the-cold services, e
The Province is launching a new pilot program with that offers 2% financing along with property tax rebates for the construction of new rental housing. The Housing Development Challenge Pilot Program will support private developers, non-profits, and community-based service...
The PEI Home Renovation Programs can provide financial assistance to home owners through three renovation programs. One application can be submitted to assess your eligibility for the PEI Home Renovation Program, Seniors Home Repair Program, and the Seniors Safe @ Home Program. PEI Home Renovation Program The PEI Home Renovation Program provides financial assistance to qualifying Islanders to help cover the cost of major structural renovations to their homes. Eligible applicants may receive up to a maximum of $12,000 for eligible renovations to the structure, heating, plumbing, and electrical...
A development permit specifies how land will be used, how the structure is located on the land, how the structure is to be serviced for water and sewer and highway access, as well as, any potential impacts from proposed development or construction. It ensures that any projects are done in accordance with the provincial Planning Act. This includes information on setbacks, or the minimum distance a structure or sewage disposal system must be set back from adjacent property boundaries, roadways, bodies of water, or other protected areas. Refer to the Development/Sewage Disposal Systems Setbacks...