By Staff
December 12th, 2022
BURLINGTON, ON
Rents are still very high – it will probably be some time before they return to historic averages.
The federal government has created a one-time top-up to the Canada Housing Benefit program that aims to help low-income renters with the cost of renting.
You may be eligible for a tax-free one-time payment of $500 if your income and the amount that you pay on rent qualify.
The Canada Revenue Agency (CRA) administers this one-time payment. To apply for this new federal one-time payment, you do not need to receive other housing benefits such as the Canada Housing Benefit, which is co-funded and delivered by the provinces and territories.
Applications are open until Friday, March 31, 2023.
All the information you need is on the application form which can be found HERE
