CMHC – Prince Edward Island Investment in Affordable HousingInvestment in Affordable Housing Agreement • March 28th, 2022
Contract Type FiledMarch 28th, 2022On April 1, 2013, the Government of Prince Edward Island (PEI) and the Canada Mortgage and Housing Corporation (CMHC) signed a one-year CMHC-PEI Agreement for Investment in Affordable Housing (IAH). The overall outcome of this joint initiative focuses on improving the living conditions of PEI households in need by increasing access to affordable housing that is sound, suitable and sustainable. Through this agreement, the PEI government was provided with $1.480 million in CMHC funding. Under the terms of the agreement, the PEI government has matched CMHC’s funding for a combined investment of almost