Housing support

The Down Payment Assistance Program (DPAP) is a pilot program to help residents of Prince Edward Island, who have modest incomes, in buying a first home. You can apply to get a conditionally interest free loan of up to five per cent of the purchase price of a home, to a maximum loan of $17,500.

The Family Housing Program provides quality rental housing units for Island families and individuals with low incomes, poor housing conditions or other special circumstances that create a need for assistance and who may not otherwise be able to obtain adequate housing. Most families will pay 25 percent of their income for rent.

The Seniors Home Repair Program will help with up to $4,000 for eligible repairs to your home. You may be able to get this help if you are 60 years of age or over and your family income is $50,000 or less.

Are you a senior or an older adult with a disability who has trouble affording your current cost of living? The Seniors Housing Program provides quality rental housing or rent supplements for seniors who need help with their costs of living. You can expect to pay 25 percent of your income for rent.

If you are a senior living on a low income, the Seniors Independence Initiative can give you money to help for things such as housekeeping and meal preparation to help you stay in your home.

The Seniors Safe @ Home Program can give you between $2,000 and $10,000 to make your home more accessible and safe so that you can keep living there.

The Multigenerational Home Renovation Tax Credit is a new refundable tax credit for the costs of certain renovation expenses to an eligible dwelling to establish a secondary unit. The secondary unit must allow a senior or an adult who is eligible for the disability tax credit to live with a qualifying relative. This amount may be claimed on your tax return (starting from the 2023 tax return).