Date Issued: July 15, 2019
Effective Date: Immediately
The City Guideline is applicable to the following programs:
The City Guideline is not applicable to the following programs:
Under the authority of the Housing Services Act, the City of Toronto, Shelter, Support and Housing Administration (SSHA) Division City Guidelines and Rent-Geared-to-Income (RGI) Manual are the authority for housing administration and RGI administration for social housing providers in the City of Toronto.
City Guidelines are the City of Toronto’s mandatory policies and procedures that social housing providers must follow. City Guidelines are most often issued when a Local Rule is established by the City of Toronto, the Rent-Geared-to-Income (RGI) manual is updated, or other relevant legislative changes or operational requirements occur. City Guidelines which impact RGI have been incorporated into the RGI Manual.
The Ministry of Municipal Affairs and Housing provides indices for costs and revenues used to calculate subsidies under the Housing Services Act, 2011 (HSA) on an annual basis.
Cost factors are inflationary factors used to calculate:
Housing providers must use the following cost factors when calculating their subsidies for fiscal years beginning in 2020.
Item | Index Description | 2020 Index |
---|---|---|
Administration and maintenance | Ontario CPI – All items | 2.37% |
Insurance | Ontario CPI – Homeowner’s home and mortgage insurance sub-index | 7.27% |
Bad debt | Market Rent Index | MRI Table |
Electricity | Ontario CPI – Electricity sub-index | 2.14% |
Water | Ontario CPI – Water sub-index | 3.11% |
Natural gas | Ontario CPI – Natural gas sub-index | 6.72% |
Oil and other fuel | Ontario CPI – Oil and other fuel sub-index | 3.06% |
Capital reserves | Ontario CPI – All items | 2.37% |
Item | Index Description | 2020 Index |
---|---|---|
Indexed market rent | Market Rent index | See MRI Table 3 below |
Vacancy loss | Market Rent Index | See MRI Table 3 below |
Non-rental revenue | Factor of 1 | Factor of 1 |
Toronto District | Rent District Codes | Apartment Average Rent
2020 Market Rent Index |
(Row) Townhouse Average Rent
2020 Market Rent Index |
---|---|---|---|
Toronto Zone 1 – Former City of Toronto (Central) | M1A1 | 2.2 % | 2.2 % |
Toronto Zone 2 – Former City of Toronto (East) | M1A2 | 2.2 % | 2.2 % |
Toronto Zone 3 – Former City of Toronto (North) | M1A3 | 2.2 % | 2.2 % |
Toronto Zone 4 – Former City of Toronto (West) | M1A4 | 1.0 % | 2.2 % |
Toronto Zone 5 – Etobicoke (South) | M1C1 | 2.2 % | 2.2 % |
Toronto Zone 6 – Etobicoke (Central) | M1C2 | 2.2 % | 0.9 % |
Toronto Zone 7 – Etobicoke (North) | M1C3 | 0.1 % | 2.2 % |
Toronto Zone 8 – York | M1F | 2.2 % | 2.2 % |
Toronto Zone 9 – East York | M1B | 2.2 % | 2.2 % |
Toronto Zone 10 – Scarborough (Central) | M1E1 | 2.2 % | 2.2 % |
Toronto Zone 11 – Scarborough (North) | M1E2 | 2.2 % | 2.2 % |
Toronto Zone 12 – Scarborough (East) | M1E3 | 2.2 % | 2.2 % |
Toronto Zone 13 – North York (Southeast) | M1D1 | 2.2 % | -5.6 % |
Toronto Zone 14 – North York (Northeast) | M1D2 | 2.2 % | 2.2 % |
Toronto Zone 15 – North York (Southwest) | M1D3 | 2.2 % | 2.2 % |
Toronto Zone 16 – North York (North Central) | M1D5 | 2.2 % | 2.2 % |
Toronto Zone 17 – North York (Northwest) | M1D4 | 2.2 % | 1.2 % |
All Market and Rent-Geared-to-Income, Section 78 Housing Providers must use the indices indicated in Tables 1, 2 and 3 to calculate the indicated cost items and revenues, as well as their operating and RGI subsidies for their fiscal year beginning in 2020.
If you have any questions, please contact your Housing Consultant or HSS:
Housing Stability Services
Shelter, Support & Housing Administration
City of Toronto
Metro Hall, 55 John Street, 6th floor
Toronto, ON M5V 3C6
Telephone: 416-392-4126
Email: HSS@toronto.ca