ONPHA's team of experts answer a member question around verifying net income under Ontario's new, simplified rent-geared-to-income rules. Read more of the article: Ask Member Support: Verifying Net Income under the New Rent-Geared-to-Income Rules
rent geared to income
On September 17, 2020, the province tabled Bill 204 which would freeze residential rent increases for 2021 for the majority of rental units that are covered by the Residential Tenancies Act. Learn more about the impacts for housing providers. Read more of the article: Proposed rent increase freeze: Impacts for housing providers
Q: A tenant’s guest overstayed our one-week guest policy and when we let the household know, they said they didn’t have to report household changes for 30 days. If the guest is approved as an occupant, can we add her to the household retroactively for the RGI calculation? Read more of the article: Ask Member Support: Tenant Guest Policies & RGI
Question: My tenant is 20 years old and lives alone. Her only source of income is $1,200 from Child and Family Services in a different province. She gave me a letter that calls it “income support”. What is this income and how do I calculate it? Read more of the article: Ask Member Support: Income support in RGI