|Date issued||Effective date|
|August 14, 2015||January 1, 2016|
The City Guideline is applicable to the programs for which there is an “X” in the table below.
|Housing Services Act, Part VII Housing Projects, Market and Rent-Geared-to-Income, Section 78 Housing Providers (formerly 110)|
|X||Housing Services Act, Part VII Housing Projects, 100% Rent-Geared-to-Income, Section 78 Housing Providers (formerly 110)|
|Federal Non-Profit Housing, Section 26/27|
|Federal Non-Profit Housing, Section 95|
|Rent Supplement Programs for Sections 26, 27, 95 and New Affordable Housing Providers|
|Toronto Community Housing Corporation|
If your program is not checked in the Applicability column, this City Guideline does not apply.
Cost Factors are inflationary factors that housing providers use to calculate
The Ontario Ministry of Municipal Affairs and Housing (MMAH) reviews these factors each year and adjusts them to reflect changes in the Consumer Price Indices.
Housing providers must use the following cost factors when calculating their subsidies for fiscal year beginning January 1, 2016.
|Item||Index Description||2016 Index|
|Administration and maintenance||Ontario CPI – All items||1.0095|
|Insurance||Ontario CPI – Homeowner’s home and mortgage insurance sub-index||1.1471|
|Bad debt||Market Rent Index||1.0095|
|Electricity||Ontario CPI – Electricity sub-index||1.0716|
|Water||Ontario CPI – Water sub-index||1.0616|
|Natural gas||Ontario CPI – Natural gas sub-index||0.8323|
|Oil and other fuel||Ontario CPI – Oil and other fuel sub-index||1.8484|
|Capital reserves||Ontario CPI – All items||1.0095|
If you have any questions, please contact your Housing Consultant or the HSS:
Housing Stability Services
Shelter, Support & Housing Administration
City of Toronto
365 Bloor Street East, 15th floor
Toronto, ON M4W 3L4