Subsidized housing is housing in which the rent you pay is determined by your income.
Subsidized or “rent-geared-to-income” (RGI) rents are about 30% of your gross monthly household income. For example, if your household earns $1,500 gross per month, then your basic subsidized rent could be about $500. Adjustments to your rental amount are made depending on what utilities are included or not included in the rent. As well, depending on your situation, you may have other deductions and allowances. Rental amounts are reviewed once per year based on line 23600 of the Notice of Assessment.
If you receive social assistance such as Ontario Works or ODSP, rent is charged at a set amount according to the kind of benefits you receive and the number of people in your benefit unit, rather than calculated as 30% of your gross monthly income. Your rental amount is taken from tables provided by the government.
Market Rent Housing
Market rent refers to rents that are comparable to the private market rental rates.
Affordable Rent Housing
Affordable rent refers to rents that are set at 80% of private market rental rates.
Rent Supplement Housing
We have agreements with private landlords to offer Rent-geared-to-income assistance. The number are limited and offer a variety of housing types and sizes.