Charlottetown, PEI — The amount of money going into home repair programs in Prince Edward Island will be doubling immediately and retroactive to April 1, 2021. The 2021-2022 provincial operating budget includes $2 million for PEI Home Renovation, Seniors Home Repair, and Seniors’ Safe at Home programs. Types of renovations through the programs can include structural, plumbing, heating, electrical, or changes that improve home safety.
Initially, the plan was to increase over a three-year period, but now eligible grants are doubling on any application received after April 1. “We’ve been listening to feedback from people including our stakeholders, partners and clients,” said Brad Trivers, minister of social development and housing. “Islanders are in need of more funding support to keep their homes safe and accessible, so we are taking immediate action to double grant amounts.”
Eligible program funding will increase for the seniors safe at home program from $5,000 to $10,000, seniors home repair program from $2,000 to $4,000, PEI home renovation program from $6,000 to $12,000, and PEI Home Renovation program for people with disabilities from $8,000 to $16,000. The amount of funding will depend on household income.
According to the province, these programs provide financial assistance to qualifying Islanders to help cover the cost of major structural renovations to their homes.