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Disclosure of new loans in excess of $100,000 In the interests of balancing government’s obligation of openness and transparency, with the need to protect the privacy and sensitive information of Finance PEI and Island Investment Development Inc. borrowing clients, the Government...
Aujourd’hui, le gouvernement reporte tous les paiements de prêts des clients de Finances Î. P. É., d’Island Investment Development Inc. et du PEI Century Fund pour le mois d’octobre en raison des répercussions de l’ouragan Fiona. « L’ouragan Fiona a causé d’importantes...
The Rental Property Heating Program (RPHP) will provide owners of an existing long-term residential rental property on Prince Edward Island, who are approved applicants, with financing to upgrade the current heating system of their residential rental property from fossil fuel to...
A financing program has been developed to provide working capital financing to assist Prince Edward Island businesses impacted by the new export tariffs implemented by the United States of America (the “Tariffs”), ensuring they can maintain operations, preserve jobs, and invest in alternative supply chain strategies. This new loan program will assist qualifying companies to maintain normal business operations during these unprecedented times. How much financing is available under this program? Eligible applicants can apply to receive a working capital loan of up to $500,000 with a fixed...
This program is now closed. A Housing Development program has been designed to invite developers/contractors/landlords to submit proposals for new residential development projects on PEI including infrastructure. This loan program is intended to assist approved developers/contractors/landlords increase the housing inventory on PEI. Applications are being accepted starting August 16th,2023 and closing September 29th, 2023. Do I qualify? For an applicant to be eligible for assistance, the following criteria must be met: Projects must have at least five units and tenants must be an arm’s length...
The Subdivision Development Financing Program (SDFP) is a financing support pilot program that will help qualified developers offset infrastructure costs for long-term residential housing developments. This program will support projects funded through the Municipal Infrastructure Fund (MIF). How much financing is available under this program? The Subdivision Development Financing Program will provide qualified developers and landowners with access to 2% financing on up to 90% of eligible project costs associated with subdividing and developing vacant land into individual residential lots for...
The Farmland Financing Program is available to support eligible farmers; new and expanding or those involved in farmland succession within Prince Edward Island. What type of financial assistance is available? Finance PEI provides two financing programs (Acreage Acquisition Loan...
The Long-Term Care Capital Infrastructure Pilot Program is designed to provide approved Private Long-Term Care facilities with the opportunity to access financing of up to 100% of eligible project costs for new construction and/or fit-up of existing long-term care (LTC) facilities. This funding is intended to facilitate the creation of additional licensed long-term care beds, in areas of need and where a need for increased capacity is required. How much financing is available under this program? The Long-Term Care Capital Infrastructure Pilot Program will have two components: Capital Grant...
Initiative du gouvernement de l’Île-du-Prince-Édouard, le Programme de prêts pour les entrepreneurs est conçu pour faciliter l’octroi de financement aux fins suivantes : Aider les nouvelles entreprises à démarrer et les entreprises établies à procéder à des améliorations et à...
The BioCommons Research Park provides commercialization support to the bioscience sector, with technology and infrastructure to accelerate products through the development cycle and into the marketplace. General Site Information The PEI BioCommons is a research and light...