To be eligible for Rent-Geared-to-Income (RGI) housing, applicants must meet the following criteria:
To be eligible for an RGI subsidy in Toronto, your income may not exceed the local Housing Income Limits (HILs) established annually by the Province of Ontario.
The total income and number of individuals in the household will determine the size of the unit a household is eligible for.
Example: A household of four people (one couple and two additional household members), whose total household income does not exceed $63,500 would be eligible for a two or three-bedroom unit. Reinstatement Policy to support applicants who experience an income reduction, the City is implementing an Income Reinstatement Policy that will allow applicants whose income falls below the Household Income Limits (HILs) within 24 months of the cancelation date to reapply and have their original application date reinstated. Applicants must meet all RGI eligibility requirements.
| Unit Size | Studio | 1-bedroom | 2-bedroom | 3-bedroom | 4-5 bedroom |
|---|---|---|---|---|---|
| Household Income Limits | $53,500 | $62,500 | $71,500 | $79,000 | $82,500 |
| Household size | 1 – 2 people (One individual or one couple) | 1 – 2 people
(One individual or one couple) |
2 – 4 people | 3 – 6 people (max.) | 8 – 10 people (max.) |
In compliance with the Province of Ontario’s Housing Services Act, households are required to disclose asset information that exceeds $150,000 when applying for RGI housing. If the value of your household assets exceeds the Asset Limit, you will be asked to complete the Asset Declaration.
The City determines if you are eligible for RGI based on the assets that have been disclosed on the Asset Declaration Form. If an asset is jointly owned with someone outside of the household, half of the value of the asset will be counted toward the Asset Limit.
If household members jointly own property, the applicants must declare their portion of the asset. The only exception to this rule is for Priority Access applicants in certain circumstances.
If the total value of your household’s non-exempt assets is greater than $150,000, you will not be eligible to receive Rent-Geared-to-Income (RGI) assistance.
Part of implementing the asset limit rule for RGI housing, the City reviews asset limits annually. If your household falls below the new asset limit within 24 months of being cancelled, you can reapply and request that your original application date be restored.
The following is a list of examples of assets you must declare on the Asset Declaration. This doesn’t include all the assets you are required to declare. See the “Exempt Assets” list for all assets that are not required to be declared. If your asset is not on the Exempt Assets list, it must be declared.
The following assets are excluded from the total value of a household’s assets and are not required to be declared. If your household has any of these assets, they will not be counted towards the $150,000 asset limit for RGI eligibility.
If the SPP household requires RGI assistance and owns property, the requirement to sell the property within six months of moving in may be waived. The deadline may be extended if it will put the applicant at risk by trying to meet this requirement. The RGI administrator determines the deferral.