Housing and homelessness in Stanley Bridge, Hope River, Bayview, Cavendish and North Rustico, Prince Edward Island
Down Payment Assistance Program - PEI
In short
The Down Payment Assistance Program (DPAP) is a pilot program to assist qualified residents of Prince Edward Island, who have modest incomes, in purchasing a first home.
- Who it is for
- Adults
- What it helps with
- A safe place to sleep tonight, A home I can afford, Money to get by
- Cost and access
- Free
- Where
- Prince Edward Island
- How to reach
- (902) 894-0379 · Website
- Last verified
- , by HelpSeeker
Contact the organization to confirm
About this organization
The Down Payment Assistance Program (DPAP) is a pilot program to assist qualified residents of Prince Edward Island, who have modest incomes, in purchasing a first home.
Eligible applicants can apply to receive a conditionally interest free loan of up to five per cent of the purchase price of a home, to a maximum loan of $15,000.
After you apply for the program, a staff person of Finance PEI will contact you to discuss your application and the next steps to determine eligibility.
It is recommended that first time home buyers review the Canada Mortgage and Housing Corporation (CMHC) educational materials listed in the RESOURCES section of this page.
Who can use it?
residents of Prince Edward Island, who have modest incomes, purchasing a first home.
How do I get in touch?
Call (902) 894-0379, or use the website.
Listed in Stanley Bridge, Hope River, Bayview, Cavendish and North Rustico, Prince Edward Island.
Prince Edward Island
Prince Edward IslandStanley Bridge, Hope River, Bayview, Cavendish and North Rustico, Prince Edward Island
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