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...
Statistics report on PEI municipalities for 2012-2013, which contains information on demographics and geography, tax rates, municipal assessments, financial information, and municipal services.
Various programs exist to incentivize the construction of housing units. Below is a list of programs eligible developers, non-profits, and community service organizations are encouraged to apply to. Creation of housing The Affordable Housing Development Program is open to non...
A new housing support program will help low to moderate income Islanders on the path of homeownership. The new Closing Cost Support Program will provide a reimbursement to eligible Islanders, up to $2,500, towards the closing costs associated with the purchase of their first home...
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...
Senior Island residents without adequate housing or having increasing difficulty maintaining their home due to low income, poor housing conditions, or other special circumstances that restricts their independence may be eligible for rental assistance through the Seniors Housing Program. Applicants age 60 years and over, or age 55 years and over if living with a disability, needing housing may be approved for: Government-owned housing: Bachelor, one-bedroom, and a limited number of two-bedroom units are equipped with essential appliances and some units are designed to accommodate persons with a...
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 family 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 adjustments...
Can municipalities on PEI buy land? Yes, municipalities can purchase land. To meet legislative acts and regulations keep the following in mind: The purchase is listed in the municipality’s budget, (MGA s.150) The purchase is approved by council, (MGA s.123 “The powers of a...
The Survivors of Gender-Based Violence Housing Benefit is a direct-to-household benefit that will provide financial assistance to support qualifying individuals who are escaping abusive situations by helping to cover their monthly housing expenses, such as rent, mortgage payments...
What is a bylaw? Bylaws are laws made by a municipality in accordance with municipal legislation. Municipal councils pass bylaws that govern municipal operations and service delivery. Bylaws are binding and can be enforced with penalties or through the public justice system. How...