A close up of a sign

Description automatically generated

A close up of a sign

Description automatically generated

The Toronto Rent Bank provides interest-free loans to Toronto residents who are behind in their rent or need to move to more suitable housing.

Residents may be eligible for an interest-free rental arrears or rental deposit loan if they:

  • Live in Toronto with legal status in Canada
  • Pay market rent for a rental unit covered by the Residential Tenancies Act (RTA)
  • Fall within the low-income household eligibility requirement
  • Are not currently in receipt of social assistance such as Ontario Works (OW) or Ontario Disability Support Program  (ODSP)*
  • Can satisfy other Toronto Rent Bank Program requirements, as required

Loan repayments can be deferred for up to 12 months.

Please call 416-397-RENT (7368) for more information on how to apply. Operating hours are Monday to Friday, 8:30 a.m. to 4:30 p.m. Outside of operating hours, callers may leave a message and a representative will call back.

*Residents in receipt of social assistance should contact their Ontario Works or ODSP  office as they may qualify for the Housing Stabilization Fund.

A picture containing drawing

Description automatically generatedProgram is offered by Neighbourhood Information Post and funded by the City of Toronto.

Download: Rent Bank Flyer

 

A screenshot of a newspaper

Description automatically generated