The Canadian government’s new $500 housing benefit for low-income renters is set to arrive this April. If you’re struggling to cover rent and basic housing costs, this one-time payment could be the relief you need. But who qualifies, and how do you claim it? Here’s everything you need to know.
$500 Housing Benefit For Canadians
In light of growing rent prices and inflation, the federal government has introduced a one-time $500 benefit for eligible low-income renters across Canada. This financial support is part of broader efforts to help Canadians cope with housing challenges and economic pressures.
This benefit is not universal—only those who meet the criteria will receive it.
Who Is Eligible for the $500 Housing Benefit?
Eligibility is strictly based on income, rental status, and tax filing. Below are the key requirements:
Income Thresholds:
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Single individuals: Up to $20,000/year
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Couples (combined): Up to $35,000/year
Residency:
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Must be a permanent resident of Canada.
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Some immigrants may qualify based on their immigration status—check with your local office.
Tax Filing:
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You must have filed your latest taxes with the CRA.
Rental Status:
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You must be renting your home. Homeowners are not eligible.
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Rent receipts or a lease agreement may be required.
How to Apply for the $500 Housing Benefit
Step 1: Go to the official canada.ca website and navigate to the housing support section.
Step 2: Fill out the application form with your:
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Income details
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Rent expenses
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CRA tax info
Step 3: Upload required documents such as:
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Rent receipts
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Recent tax return
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Proof of residency
Step 4: Submit the application and await confirmation. If approved, the benefit will be directly deposited into your bank account.
Why This $500 Payment Matters
This benefit isn’t just financial help—it’s a support mechanism to ensure renters can avoid falling into debt or homelessness due to unaffordable rent hikes.
Key Impacts:
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Offers breathing space to families and individuals in need
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Supports survivors of domestic violence seeking safe housing
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Helps over 300,000 households with $325 million in funding
Important Details at a Glance
| Category | Details |
|---|---|
| Benefit Amount | $500 one-time payment |
| Eligibility | Low-income renters only |
| Payment Method | Direct deposit |
| Payment Date | By April 27, 2025 |
| CRA Filing Required | Yes |
| Official Contact | 1-833-712-2292 |
Conclusion
The $500 Housing Benefit in April 2025 provides timely relief to Canadians struggling with rising rents. This one-time support is designed to help renters, not homeowners, and can be claimed easily through the CRA if all requirements are met. Make sure your tax filings are up to date and submit your application promptly.
FAQs
Who is eligible for the $500 housing benefit in Canada?
Individuals earning under $20,000 or couples earning under $35,000 who are renting and have filed taxes with the CRA are eligible.
Can homeowners apply for this benefit?
No. This benefit is specifically for renters. Homeowners do not qualify.
When will I receive the payment?
The payment is expected to be issued via direct deposit by April 27, 2025.
What documents are required to apply?
You may need to submit rent receipts, a recent tax return, and proof of residency.
Can I apply if I missed filing taxes?
You must file your taxes to be eligible. If you haven’t filed yet, do so as soon as possible.
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Aanchal is a passionate writer with a keen interest in storytelling, content creation, and creative expression. She enjoys exploring diverse topics and crafting engaging narratives that captivate readers.