Making Ends Meet: Opportunities and Challenges of Rental Assistance - - PowerPoint PPT Presentation

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Making Ends Meet: Opportunities and Challenges of Rental Assistance - - PowerPoint PPT Presentation

Making Ends Meet: Opportunities and Challenges of Rental Assistance Programs Wyndham Bettencourt-McCarthy (BA, MPP) Policy & Research Coordinator Ontario Non-Profit Housing Association Ontarios housing crisis Increase in low-income


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Making Ends Meet: Opportunities and Challenges of Rental Assistance Programs

Wyndham Bettencourt-McCarthy (BA, MPP) Policy & Research Coordinator Ontario Non-Profit Housing Association

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  • Increase in low-income renter households + limited rental

stock

  • 1 in 5 renter households spend more than 50% of income on

housing costs

  • Currently 168,000+ households on waiting lists for social

housing

Ontario’s housing crisis

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SLIDE 3
  • Signal transition from investment in supply-side

housing programs to demand-side

  • Two kinds of programs:
  • Rent supplements
  • Housing allowances
  • Rental assistance programs support private-sector

landlords, rather than social housing providers

What are rental assistance programs?

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  • Programs piloted at local level
  • LTAHS Update Announcement
  • Why have programs become more

popular?

Rise in use of rental assistance programs

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  • Quick response to households in crisis
  • Increase freedom and agency, esp. if portable
  • Can assist more households much faster than new build
  • No costly backlog of capital repairs

The advantages of rental assistance programs…

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SLIDE 6
  • No new rental supply
  • No enduring public asset, and less cost-effective over time
  • Challenging for tenants with complex needs
  • Housing quality and location

…And the disadvantages

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  • Not a one-size-fits-all solution to housing affordability issues
  • Suggested program for households fleeing violence
  • Subsidies should be permanent, and provide “deep” coverage
  • But govt. investment is still needed in order to:
  • Increase supply of affordable rental units in the private market
  • Build new social housing units

What’s the solution?

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  • Access the report: www.onpha.on.ca
  • Select “Policy & Research” at the top of the page, and then “focusON”
  • Contact:

Wyndham Bettencourt-McCarthy 416-927-9144 ext. 109 wyndham.bettencourt-mccarthy@onpha.org

Questions?