Community Housing Fund
The Community Housing Fund (CHF) is a collaboration between the Canadian Mental Health Association, PEI Division (CMHA-PEI) and the Province of Prince Edward Island to develop sustainable affordable housing.
This program aims to support housing developments whether they are targeting affordability, vulnerable populations, assisted living, or those that require increased support. Funding under this program can be used to provide additional resources and support to develop solutions to PEI’s housing shortage.
Eligible Applicants
- Non-profits
- Community-based/ service organizations
- Municipalities
- Private sector
- Previous recipients are eligible to apply but must be seeking support for a different project or incremental activities
Eligible Activities
The Fund has three categories:
- Capacity Building & Research
- Refers to strengthening the skills and competencies of people and communities and local grassroots movements to achieve their goals. This category of funding can be utilized to build community capacity and undertake necessary research to support a proposed development. Maximum funding is $20,000 or 75% of project costs.
- Professional Services
- Funding under this category can be used to hire an external resource(s) to assist with the planning and process of the housing project. This could be in the areas of business, accounting, architecture, engineering, or another skillset that is not within the applicant organization. Maximum funding is $50,000 or 75% of project costs.
- Construction
- Grants for the construction of a housing facility including related services for engineering and architecture (as applicable). We expect that this fund is not the sole source of construction funds and that applicants have other grants or financing in place to support construction. Eligible projects can be completely affordable or a mix of affordable and market units. Maximum funding is 30% of project costs up to $1,000,000.
The Community Housing Fund has earmarked $500,000 to support projects that will increase indigenous housing in Prince Edward Island.
Application Evaluation
A six-member committee made up of individuals from the CMHA, the private/non-profit sector, and the Province of Prince Edward Island will review applications submitted to the CHF. Applications are evaluated on the criteria below:
- Need and Benefit to the Community (15 Points)
- A clear description of activities – proposed target population – positive benefits to the community
- Target Market / Demand (20 Points)
- Outline and verification of demand – will the project fill this gap?
- Experience of Applicants (25 Points)
- Applicants have the necessary experience – realistic project activities – adequate capacity to complete proposed project
- Expected Results / Objectives Achieved (15 Points)
- Application outlined challenges and plans to overcome – what are measures of success?
- Project Self-Sufficiency (25 Points)
- Realistic and detailed budget – applicant has financial capability – opportunity to continue project beyond this funding
- Preference will be given to later-stage projects (nearing shovel ready) and projects being undertaken by non-profit / community organization
Application Deadline
The Community Housing Fund will accept applications on an ongoing basis. Applications will be evaluated as they are submitted on a first-come-first-serve basis and will continue until the available funding has been earmarked for projects. Applications can be submitted electronically by email or physical copies can be submitted to the Province of Prince Edward Island:
Fred Irving
11 Kent Street, P.O. Box 2000
Charlottetown C1A 7N8
Telephone: 902-314-0428
Toll Free: 1-800-563-3734
Fax: 902-368-3394
Email: fairving@gov.pe.ca