Multi-Unit Residential Loan Program
“Prince Edward Island. Finance”
The funder does not disclose this information
Maximum Eligible Amount
Repayable Contribution
Fund Type
The Multi-Unit Residential Loan Program provides a financing program for property developers which will assist in the construction of multi-unit residential developments focusing on the rural areas of PEI. A multi-unit development consists of 4 or more units.
- Eligible property types and sizes will include: construction of new multi-unit rental housing consisting of 4 or more units (owner occupied is not permitted); use is residential only; standard apartments - Excludes Retirement, Long-term care, Student housing Single Room Occupancy facilities and supportive housing.