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CANADA ONTARIO AFFORDABLE HOUSING City of Hamilton Hamilton Form
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People also ask
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Is it expensive to live in Hamilton Ontario?
The first thing you should know is that overall, Hamilton is about 16% more expensive to live in when compared to the Ontario average.
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Who qualifies for affordable housing in Ontario?
Annual household income from all sources must be less than $80,000. Total value of all assets owned by you and all members of your household who are over the age of 16 must be less than $75,000. Bank accounts, investments and real estate are examples of assets.
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What is considered low income in Hamilton, Ontario?
The LICO identifies households who may be in “straitened circumstances” based on the percentage of income they pay for necessities compared to the general population. For a family of four the LICO is $38,544, for a single person it is $20,3861.
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How much is low income housing in Ontario?
Generally, subsidized rent is based on 30% of your household's total gross monthly income. Additional charges may apply depending on the building (e.g., parking). If you are receiving assistance from Ontario Works or the Ontario Disability Support Program, your rent is based on a pre-determined rent scale.
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How long is the waiting list for subsidized housing in Ontario?
Average Wait Times Unit SizeAverage time on waitlist* Studio – Senior 8 years Studio 10 years 1-bedroom 14 years 2-bedroom 13 years1 more row
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How do you qualify for affordable housing in Ontario?
Eligibility Requirements At least one member in the household must be 16 years or older. All members of the household must be a Canadian Citizen, Permanent Resident or have Refugee Claimant Status. No member of the household is currently under a deportation, departure or exclusion order to leave Canada.
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How long is the waiting list for housing in Hamilton Ontario?
Social housing waitlist For single-family homes and one-bedroom apartments, the wait can be over eight years.
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What is the income limit for affordable housing in Toronto?
Income & Household Size Unit SizeStudio4-5 bedroom Household Income Limits $53,500 $82,500 Household size 1 – 2 people (One individual or one couple) 8 – 10 people (max.)
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