Home Repair Makes a Big Impact
With the Habitat Home Repair Pilot Program...
We hope to expand Habitat PEI’s capacity to help homeowners in need of a safe and quality place to live while preserving housing stock that might otherwise deteriorate to a point that is beyond repair.
During this pilot program, Habitat PEI will be identifying its capacity to continue this program beyond 2023.
Habitat Home Repair Program Applicant Eligibility Criteria
Are you in need?
Once Habitat PEI receives each application and supporting documentation, it goes through an intake process to determine that it meets all program criteria & eligibility. Once applications are received, there is a minimum two-week lead time to process applications.
Habitat PEI will require site visits to inspect the property.
If the applicant is considered eligible for financing under the program, Habitat PEI will then follow up with an “Offer to Finance at 0% interest” letter. This letter confirms the applicant’s eligibility for the program, the amount of loan financing being offered, and the terms and conditions of the proposed loan.
Please complete all sections of this form.
We will be accepting applications as a pilot program as we build capacity until the end of 2023. Habitat Home Repair Program offers zero interest loans up to $15,000. Habitat PEI may secure loans of $5,000 and over to the title of the applicant's home. Loans of $5,000 or more will have a maximum term of ten years. Loans less then $5,000 will have a maximum term of seven years.
Habitat Home Repair Loans are contractual obligations, successful applicants will receive a Letter of Offer and debt repayment plan.
Fill out the application below.