The Government of Canada and Province of Prince Edward Island signed a new $86.2-million agreement to accelerate housing development, increase density, and help meet the growing demand for affordable housing. The new funding through the Canada Housing Infrastructure Fund (CHIF)...
Before applying, applicants must consult the Applicant Guide. The guide will provide detailed information on CHIF PT delivery stream, including applicant and project eligibility requirements, merit criteria, federal requirements, available funding shares and other conditions of...
About the Canada Housing Infrastructure Fund The Government of Canada’s Budget 2024 provided $6 billion in federal funding over 10 years to establish the Canada Housing Infrastructure Fund (CHIF), consisting of a Direct Delivery Stream ($1 billion, over 8 years) and Provincial...
About the Canada Housing Infrastructure Fund Purpose of the Canada Housing Infrastructure Fund Canada announced in Budget 2024, the Canada Housing Infrastructure Fund (CHIF) would be established through Housing, Infrastructure, Communities Canada (HICC). The $6 billion federal...
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...
Department of Housing, Land and Communities Annual Report 2024-2025
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...
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 Province of Prince Edward Island, through the Prince Edward Island Housing Corporation (PEIHC), is continuing to foster its ten-year cost-matched funding agreement with the Canada Mortgage and Housing Corporation (CMHC) with joint affordable housing investments totaling $5
Annual Report for the PEI Housing Corporation for the 2024-2025 fiscal year.