The federal government has allocated $2.2 million to support renovations in 56 affordable rental units throughout Prince Edward Island (P.E.I.), aiming to enhance assistance to the Indigenous community on the Island. This funding originates from the federal Affordable Housing Fund, which extends low-interest and forgivable loans to organizations engaged in constructing or renovating units for affordable housing.
The announcement of this funding was made by Charlottetown MP Sean Casey in the capital city of P.E.I. The Nanegkam Housing Corporation, operated by the Native Council of P.E.I., is the beneficiary of this funding, managing 56 rental units varying from duplexes to apartments and single-family homes across different areas of the Island such as Murray Harbour, Summerside, and Charlottetown.
David Rooney, the housing manager of Nanegkam Housing Corporation, expressed that most of the units managed were in urgent need of upgrades, and the renovations are either in progress or have been completed. Tenants have shown high satisfaction with the results, with one even stating, “I’ve never lived in a place this good.”
Rooney highlighted that the federal funding facilitated essential upgrades to enhance safety and efficiency in the units. The improvements include installing heat pumps, upgrading electrical panels, renovating roofs and foundations, and transitioning to propane boilers from oil systems. These enhancements not only provide physical benefits but also contribute significantly to mental well-being and stability for tenants.
Casey informed reporters that 28 out of the 56 units offer rents below the median market rate in Charlottetown, making them available for under $1,000 per month. He emphasized the challenging situation in finding affordable housing in Prince Edward Island due to its low vacancy rates, particularly impacting vulnerable groups like Indigenous women and children.
