Community Housing Expansion Pilot

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The term "community housing" is an umbrella term that refers to housing that is owned and operated by non-profit organizations and housing co-operatives.

The Community Housing Expansion Pilot will provide funding to the non-profit and co-operative housing sector towards capacity building, operation development, and the creation of affordable housing units in the rental market. The pilot aims to support 120 units for acquisition in 2024-25, while building a pipeline for new construction and acquisition projects in future years. 

Am I eligible?

Eligible partners will be selected through a fair and competitive Expression of Interest (EOI) and must:

  • Be a registered non-profit or co-operative housing organization
  • Have a successful track record of developing, owning and operating housing or a clear and compelling plan to build capacity
  • Commit to 30% of units being deeply affordable (available at a rate of 25% of household income) and accessible to qualified clients on the social housing registry
  • Partner with other groups such as students groups, regional development corporations, community organizations, municipalities, Indigenous communities, etc. to ensure housing benefits diverse stakeholders.

What type of activities are eligible?

Non-profit organizations and housing co-operatives selected through the fair and competitive Expression of Interest (EOI) will be provided Capacity Funding to enhance operational and board capacity for community housing partners with a focus on project development and management. 

Once agreements are in place with successful EOI partners, the partner will have access to Pre-construction Funding to cover up to 100% of the costs of feasibility studies, business plans, engineering plans, and architectural drawings, and surveyor reports as well as Capital Grant Funding to build and/or acquire affordable housing units. 

What type of housing acquisitions will be considered?

If a successful EOI partner wishes to purchase existing housing stock, acquisitions will be selected based on the following criteria:

  • Minimum of 5 units in urban areas and 4 units in rural areas
  • Not currently owned in full or in part by any level of government
  • Not currently under operating agreement with Canada Mortgage and Housing Corporation (CMHC)
  • Current tenants cannot be displaced
  • Primarily residential with no permitted commercial use over 25% of the building's floor space

How do I apply?

The Province of Prince Edward Island currently has an Expression of Interest for community housing partners which closes June 17, 2024. To view the Expression of Interest, click here


Date de publication : 
le 16 Mai 2024
Logement, Terres et Communautés

Renseignements généraux

Ministère du Logement, des Terres et des Communautés
Immeuble Shaw, 2e étage (nord)
95, rue Rochford
Charlottetown (Î.-P.-É.) C1A 3T5

Téléphone : 902-218-8569