The one-time top-up to the Canada Housing Benefit aims to help low-income renters with the cost of renting. You may be eligible for a tax-free one-time payment of $500 if your income and the amount that you pay on rent qualify.
The Canada Revenue Agency (CRA) administers this one-time payment. To apply for this new federal one-time payment, you do not need to receive other housing benefits such as the Canada Housing Benefit, which is co-funded and delivered by the provinces and territories.
Applications are open until Friday, March 31, 2023.
To see if you qualify click here
Canadians must meet all the following conditions to be eligible for the new benefit:
have filed a 2021 tax return;
be at least 15 years of age as of December 1, 2022;
be a resident in Canada in 2022 for tax purposes;
have an adjusted family net income of $20,000 or less for individuals,
$35,000 or less for families;
have paid at least 30% of their 2021 adjusted family net income on rent for their principal residence in the 2022 calendar year;
and be able to provide their 2022 address(es) and landlord’s contact information.
If you feel you need help setting up an account with CRA please contact us for options.