The province is investing $10 million in a pilot program to help increase the supply of permanently affordable rental housing across Prince Edward Island. A commitment of government’s 2024-2025 operating budget, the Community Housing Expansion Pilot will provide funding to the...
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. Through the Community Housing Expansion Pilot, the Province of Prince Edward Island is supporting three non-profit and co...
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...
An additional three housing units built by Holland College students will support Islanders on the social housing registry in Summerside. The Government of Prince Edward Island, through the PEI Housing Corporation, has partnered with Holland College to create five single-family...