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The case for a new housing benefit
Monday, August 29th, 2011
Aug 28 2011
Declining tenant incomes have been a major underlying reason behind the growth of the affordability problem. In the City of Toronto alone, the median income of renter households fell by an average of $6,396 between 1981 and 2006… A new Ontario housing benefit would extend shelter benefits to the working poor, who also have high shelter costs, while also supporting those on social assistance… A carefully designed, fiscally prudent benefit is smart policy to help low-income renters make ends meet and take pressure off subsidized housing waiting lists.
Tags: budget, housing, ideology, poverty, standard of living, tax
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