Repayable Contribution
Multi-Unit Residential Loan Program
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.
- 4.5/5.0
- Prince Edward Island. Finance
- All levels
- Last updated 3 years ago
- English
Description
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.