Rent banks get boost

McGuinty Government Helps Low-Income Tenants, Ministry of Municipal Affairs and Housing, 03 April 2006

The government is investing an additional $4 million in the Provincial Rent Bank program to promote housing stability by helping low-income tenants to avoid eviction for non-payment of rent due to an unforeseen crisis. Tenants with lower incomes may apply to their local rent bank to receive financial assistance to address short-term rent arrears. If a tenant's application is approved, the outstanding rent is paid directly to the landlord on behalf of the tenant.

While most regions have at least one rent bank (Toronto has several), York Region does not.

Additional press: KW Record.