Toronto Rent Bank

Organization: 
City of Toronto
About: 

The Rent Bank Program provides limited, interest free loans to qualified tenants at risk of eviction. The maximum loan available to a household can be up to two months rent, or $2,500, whichever is less. The Community Initiatives (CI) funded Housing Help Centres in Toronto provide Rent Bank services.

Eligibility

A Rent Bank loan may be available to you if:

  • you are an individual, couple, senior citizen, or family with children living in Toronto with legal status in Canada
  • you are in immediate danger of losing your home due to unpaid rent
  • you have a regular source of income, including OAS and GAINS
  • you meet the income requirements
  • you are paying market rent (not subsidized)
  • your rental unit is covered by provincial tenant legislation
  • you can afford your rent in the long term

You are not eligible for Rent Bank if:

  • you currently receive OW social assistance, ODSP or OSAP
  • you need first and last months' rent
  • you cannot provide all the documentation required by Rent Bank application process
  • you own a home

How to Apply

Staff will assess your long-term housing sustainability. You will need to show that you have used up all other means of financial help available to you before applying for a Rent Bank loan. All loans are to be paid back in full in monthly installments. Repayments go back into the Rent Bank fund to help others.

Additional services include:

  • landlord and tenant mediation
  • money management advice and skills development
  • housing search assistance
  • follow-up support and community links
Addtional Information: 

If you have any questions about Rent Bank or our other services, feel free to phone the Rent Bank Central Office, Neighbourhood Information Post, at 416-924-3862 or your nearest Local Access Centre:

Albion–North Etobicoke:
416-741-1553

Albion–South Etobicoke
416-252-6471

COSTI North York Housing
416-244-0480

EYET Housing Help
416-698-9306

Neighbourhood Information Post
416-924-2543

Scarborough Housing Help Centre
416-285-8070

WoodGreen Community Centre
416-469-5211

York Community Services
416-653-5400

Location

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