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 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...
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 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...
This is a sample bylaw to establish separate tax rate groups in a municipality.
Statistics report on PEI municipalities for 2012-2013, which contains information on demographics and geography, tax rates, municipal assessments, financial information, and municipal services.
Municipalities play an important role in providing local services across PEI. Municipalities are facing increasingly complex responsibilities and expectations from their residents and from provincial and federal governments. In many areas, there is limited capacity to meet...
What is the PEI Municipal Funding Framework? The PEI Municipal Funding Framework is a provincial funding program for municipalities. The framework will be implemented over 2 years, beginning April 1, 2025. Pending completion of the Municipal Government Act review and the...
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
Island families and individuals unable to obtain or maintain adequate housing due to a low household income, poor housing conditions, or other special circumstances may be eligible for supported housing through the Family Housing Program. Eligible applicants may be approved for: Government-owned housing: Bachelor to four-bedroom units are equipped with essential appliances and utility services. Tenants must supply their own furniture and maintain tenant’s insurance coverage. Most families pay 25% of their household income for rent and cover the cost for heat and electricity, although...