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Statement of Personal Financial Affairs
Finance PEI Statement of Personal Financial Affairs
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Down Payment Assistance Program Fact Sheet
Guidelines for Finance PEI's Down Payment Assistance Program (DPAP) for Modest Income Households
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Rent-to-Own Pilot Program
The Rent-to-Own Pilot Program gives Island residents with modest incomes who do not currently own a home the opportunity to “rent to own” an eligible home, up to a maximum value of $350,000 (including HST, if any). Eligible Islanders can submit applications to Finance PEI for the opportunity to take part in the Rent-to-Own Pilot Program. Eligibility For an applicant to be eligible for assistance, the following criteria must be met: Applicant does not currently own a home; Applicant will provide a formal written letter confirming that they have been declined by a recognized financial...
Information
Energy Efficiency Loan Program
The Energy Efficiency Loan Program (EELP) will provide financing for Prince Edward Island home-owners who are approved applicants under either of efficiencyPEI’s Energy Efficient Equipment Rebate and Home Insulation Rebate programs. This will assist with the up-front costs...
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Energy Efficiency Loan Program - Solar Photovoltaic Equipment
The Energy Efficiency Loan Program for Solar Photovoltaic Equipment (EELP-SERP) will provide financing to qualifying Prince Edward Island home-owners, farms and businesses that are approved applicants under efficiencyPEI’s Solar Electric Rebate Program. This will assist with the...
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Tourism Assistance Loan Program
A funding program has been developed by the Province of PEI to support the PEI Tourism Operators through a joint partnership of Finance PEI and Tourism PEI. This new program will provide funding in the form of a repayable loan to qualified applicants. Interest payments on loans approved through this program will qualify for interest relief (interest payment made behalf of the client) from Tourism PEI for a period of 18 months with Finance PEI offering principal deferrals to match the same 18 month period. The total obligation of the Government of Prince Edward Island under this Tourism...
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Fisheries and Aquaculture Financial Assistance
Finance PEI also administers the Fishers Low Interest Loan Program. Finance PEI provides term loans and operating lines of credit to businesses in commercial fishery and aquaculture. Repayment terms match the cash flow of the business. Application Fee: The application fee is...
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Cattle Loan Program
The Cattle Loan Program helps Island farmers by financially supporting the breeding and raising of animals destined for the Atlantic Beef Products plant. This program is administered by Finance PEI to stimulate economic growth and expansion in the beef industry. How much...
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Micro-Loan Program
The newly implemented Micro-Loan Program acknowledges and supports entrepreneurship on Prince Edward Island. This new loan initiative will help assist entrepreneurs with financing and working capital requirements with Finance PEI providing loans up to a maximum of $15,000 per...
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Energy Efficiency Loan Program – Online Application
Island residents adding energy efficiency upgrades to their home may be eligible to borrow up to $10,000 from the provincial government to help finance the cost. The Energy Efficiency Loan Program is available to a registered owner of a year-round residential property and where the project has been pre-approved by efficiencyPEI. The loan may assist with purchasing efficient equipment such as a new furnace or heat pump or it may help with the cost of upgrades to the building envelope, i.e. new windows or air sealing. Finance PEI must approve the loan before any work begins on the project. The...