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The Housing Stability Bank provides interest free loans to assist with Rental Arrears, First Months Rent (ODSP recipients only) and/or Last Months Rent.
Lets begin by saying that a landlord in Ontario only has the right to ask for first and last months rent with respect to an application for an apartment. They can ask for no more and most are unwilling to accept less. Every landlord is different as to when and how they are going to accept these funds.
You can no longer apply If your income and the amount you paid on rent qualified, you may have been eligible to apply for a tax-free one-time payment of $500. Applications were open from December 12, 2022 to March 31, 2023.

People also ask

The number of people waiting for subsidized housing in Hamilton has dropped, but the average wait time has gone up, from around 18 months in 2010 to 24 months today.
The Short-Term Rental and Utility Assistance Program provides emergency grants to assist very low-income renters that have a documented loss in household income related to COVID-19 (coronavirus). This program provides up to three months of assistance for deferred rent balance due and utility payments due.
Low-income families who are not on Ontario Works or Ontario Disability Support Program may apply for help with last months rent and rental or mortgage arrears. Eligibility for benefits is based on income and family size. The program includes Discretionary Health Benefits and Housing Stability Benefits.
Get Help Paying for Housing Housing Stabilization Fund. Money for Emergency Housing Needs: Ontario Works or ODSP. Rent Reduction Program. Rent Reduction for Tenants in Buildings with Reduced Property Taxes. Emergency Energy Fund. Energy-Related Emergency Help for Low-Income Residents.
The Housing Stabilization Fund (HSF) is intended to prevent homelessness by meeting the emergency housing needs of Toronto residents who receive financial assistance from Ontario Works (OW) and income support from Ontario Disability Support Program (ODSP) so that they are able to stabilize their housing situation.

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