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.
|Unit Size||Studio||1-bedroom||2-bedroom||3-bedroom||4-5 bedroom|
|Household Income Limits||$49,500||$58,500||$67,000||$74,500||$79,500|
|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.)|
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.
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.
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 your assets exceed $150,000 per household, you are ineligible for 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.
Assets that you or any household members own, independently and jointly, must be disclosed on the Asset Declaration. This includes, but is not limited to:
The following assets are excluded from the household’s total assets and do not need to be included on the Asset Declaration form.
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.