NOW Magazine
Ottawa announces temporary rental assistance funding
The funding of up to $15 million will provide rental assistance to low-income households in existing affordable housing units By Julia Mastroianni
Samuel Engelking
New rental assistance funding of up to $15 million will be available for former federal social housing providers, according to an announcement made by Minister of Families, Children and Social Development Ahmed Hussen on Monday.
The funding, named Temporary Rental Assistance, will be available starting April 1, and will be offered until the end of March in 2022.
It will be offered as “exceptional one-time assistance” to co-operative and non-profit housing providers according to a press release from the Canadian Mortgage and Housing Corporation (CMHC).