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Housing and homelessness in Stanley Bridge, Hope River, Bayview, Cavendish and North Rustico, Prince Edward Island

Down Payment Assistance Program - PEI

Last verified , may be out of date

Prince Edward Island

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
Where
Prince Edward Island
How to reach
(902) 894-0379 · Website
Last verified
, by HelpSeeker

Contact the organization to confirm Call

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?

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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