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Toronto Rent Bank
Updated January 2006
Available to qualified applicants, an interest free loan to sustain their
tenancies and avoid eviction.
Services of the Toronto Rent Bank include:
- Landlord and tenant mediation assistance
- Providing money management advice and skill development
- Housing search assistance
- Follow-up support and community links
- Rent Bank interest free loans for up to two months
You may be eligible for Rent Bank Service assistance, if you meet the following requirements:
- Individual(s)/families living in Toronto with legal residential status in Canada who meet the income requirements
- Be in imminent danger of losing your housing due to rental arrears
- Landlords must be willing to keep their tenancies and tenants must be covered by the Tenant Protection Act
- Have a regular source of income
- Applicant must be paying market rent
- Housing must be sustainable
You are not eligible for Rent Bank Service if any of the following applies:
You are currently receiving Ontario Works, ODSP or OSAP
Applicants in need of first and last month's rent
Applicants who fail to produce complete documentation as required by the Rent Bank application process
Applicants who do not reside in the City of Toronto
Applicant who are homeowners
Staff will assess the tenant(s) long-term housing sustainability. Applicant should demonstrate that
they have exhausted all other means of financial assistance available to them before applying for a Rent Bank loan.
All loans are to be paid back in full in monthly installments. All repayments go back
to the Rent Bank fund to help families/individuals from being evicted.
If you have any questions or need information on any Rent Bank related services, feel free to call the
Rent Bank Central office at 416-924-3862 or your nearest local access center at:
Albion (North Etobicoke) 416-741-1553 Albion (South Etobicoke) 416-252-6471 COSTI North York Housing 416-244-0480 East York Housing Outreach 416-698-9306 Neighbourhood Information Post 416-924-2543 Scarborough Housing Help 416-285-8070 WoodGreen Community Centre 416-469-5211 York Community Services 416-653-5400
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