For those who are falling behind on their rent and facing eviction, the Toronto Rent Bank may be able to provide up to two months rent via an interest free repayable loan. The Rent Bank exists to help seniors, families, and individuals who are facing losing their home because they cannot afford their rent payments. The money that is then paid back to the Rent Bank goes to help others who are in need.
Those who need help making their first and last months payment on a new apartment could potentially make use of the Rental Deposit Program, which looks to help those who are looking to move to more affordable and stable housing. Find out more about the the Rent Bank and Rental Deposit Program by clicking HERE.
To learn more about the the Rent Bank and the Rent Deposit Program in person, visit the Neighbourhood Information Post located at 269 Gerrard St. East, 2nd Floor. Give them a call at 416-924-2543.
This website is provided for your convenience. If you'd prefer to call or email, my staff and I would be happy to hear from you.
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