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The Community Housing Fund (CHF) is a collaboration between the Canadian Mental Health Association, PEI Division (CMHA-PEI) and the Province of Prince Edward Island to develop sustainable affordable housing.
The aim of this program is to support housing developments whether they are targeting affordability, vulnerable populations, assisted living, or those that require increased support. Funding under this program can be used to provide additional resources and support to develop solutions to PEI’s housing shortage.
The Fund has three categories:
Community capacity building refers to strengthening the skills and competencies of people and communities as well as local grassroots movements in order to achieve their goals. This category of funding can be utilized to build community capacity and / or undertake necessary research to support a proposed development.
Maximum funding under this category is $20,000 or 75% of project costs.
Funding under this category can be used to hire an external resource(s) to assist with the planning and process of the housing project. This could be in the areas of business, accounting, architecture, engineering, or another skillset that is not within the applicant organization.
Maximum funding under this category is $50,000 or 75% of project costs.
Grants for the construction of a housing facility including related services for engineering and architecture (as applicable). We expect that this fund is not the sole source of construction funds and that applicants have other grants or financing in place to support construction. Eligible projects can be completely affordable or a mix of affordable and market units.
Maximum funding under this category is 30% of project costs up to a $1,000,000 contribution.
A six-member committee made up of individuals from the CMHA, the private/non-profit sector, and the Province of Prince Edward Island will review applications submitted to the CHF. Applications are evaluated on the criteria below:
The Community Housing Fund has earmarked $500,000 to support projects that will increase indigenous housing in Prince Edward Island. This funding will be disbursed through the Capacity Building, Professional Services and Construction categories.
The Community Housing Fund will accept applications on an ongoing basis. Applications will be evaluated as they are submitted on a first-come-first-serve basis and will continue until the available funding has been earmarked for projects. Applications can be submitted electronically by email or physical copies can be submitted to the Province of Prince Edward Island at the following address:
Province of PEI
11 Kent Street, PO Box 2000
Charlottetown, PE C1A 7N8
Email: [email protected]
Email: [email protected]