An Interest Free
Emergency Rent Deposit
Loan Program

Do you need help coming up with your first and last month's rent?
Are you behind in your rent and facing eviction?
You may be eligible for an interest-free repayable loan.

A repayable interest free loan is available for households that may require first and last month's rent deposit to move into more affordable housing.

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/ODSP (social assistance) or OSAP
• you cannot provide all the documentation required by Rent Bank application process
• you own a home

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 instalments. Repayments go back into the Rent Bank fund to help others.

ADDITIONAL SERVICES INCLUDE:

• landlord and tenant mediation
• money management advice
• follow-up support and community links

IF YOU HAVE ANY QUESTIONS ABOUT RENT BANK OR OUR OTHER SERVICES, FEEL FREE TO PHONE

• Rent Bank Central Office, Neighbourhood Information Post, at 416-924-2543
• or by email at torontorentbank@nipost.org
or your nearest Local Access Centre:
• Albion—North Etobicoke 416-746-9143
• Albion—South Etobicoke 416-252-5990
• COSTI North York Housing Help 416-244-0480
• East York Housing Help Centre 416-698-9306
• Flemingdon Neighbourhood Services 416-424-2900
• Neighbourhood Information Post 416-924-2543
• Scarborough Housing Help Centre 416-285-8070
• WoodGreen Community Services 416-645-6000
• Unison Health & Community Services 416-653-5400

Funding provided by: Government of Ontario, United Way, City of Toronto
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