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Down payment assistance is available for modest-income homeowners who qualify for a default-insured mortgage to purchase their first home. Eligible applicants whose annual household income is $100,000 or less may apply to Finance PEI for a conditionally...
The Down Payment Assistance Program (DPAP) is a pilot program to assist qualified residents of Prince Edward Island, who have modest incomes, in purchasing a first home.
How much financing is available under this program?
Eligible applicants can apply...
Applications to the Energy Efficiency Loan Program must be made before any work commences, financing is not available for projects that are already completed.
The Energy Efficiency Loan Program (EELP) will provide financing for Prince Edward Island home...
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...
The Entrepreneur Loan Program is an initiative of the Province of Prince Edward Island designed to help make financing available for the purpose of:
helping new businesses get started and established firms make improvements and expand;
to improve...
The Farmland Financing is available to eligible farmers; new and expanding or those involved in farmland succession within PEI.
Finance PEI will provide two financing streams of which a farmer is eligible to apply under only one.
Term loan to finance...
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 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...
Finance PEI offers term loans for purchasing capital assets and operating loans for the business’ accounts receivable and inventory. Capital loans are to be amortized over the life expectancy of the asset and based on the company's operational cash flow...
This program is designed to meet the special needs of Prince Edward Island's small business community and entrepreneurs for the following purposes:
purchase and/or acquisition of business
expansion
new construction
It does not provide working...
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...
This program is designed to meet the particular needs of Prince Edward Island tourism operators for the following purposes:
purchase of business
expansion
new construction
repair or updating of fixed assets
The amortization period must coincide...