Non-profit housing is a form of publicly-funded rental housing.
There are two basic types of non-profit housing providers or building owners: Municipal non-profit housing corporations which are controlled by local governments, and
Private non-profit housing corporations which are owned by community groups such as service clubs, ethnic organizations, faith groups, unions, or advocates for people with disabilities.
Non-profit housing operates on a not-for-profit basis. It is funded through tenants' rents with subsidies from various government programs.
All non-profit housing providers are overseen by a volunteer Board of Directors, and managed by professional staff. Management of private community sector non-profits is often handled by property management companies that specialize in non-profit housing.
Non-profit housing is like co-operative housing but there is no tenant participation in management or other volunteer duties required of residents.
Non-Profit Housing in Peel
In the Region of Peel there are more than 30 private non-profit housing providers, accounting for over 3,500 units.
Peel Living is the local municipal non-profit housing provider with more than 70 buildings and over 7,100 units.
Who can live in a non-profit housing building?
Anyone can apply to live in a non-profit housing building. People of all backgrounds and cultures – young and old, married or single with or without children – live in non-profit housing buildings.
Non-profits also provide homes for people who require special needs housing.
How much does it cost?
Like any rental building each household pays a monthly rent. Some households pay the going market rate and other households pay a subsidized rent that is based on their income.
Market rents are based on normal market rental charges in similar private rental units.
A portion of tenants in non-profit housing pay rents determined by their incomes (known as rent-geared-to-income or RGI housing) and the remaining portion pay market level rents.
Rent levels for RGI units are set at 30% of the tenant’s income.
In Peel’s social housing approximately 65% of tenants pay rents geared to their incomes and the remaining 35% pay market level rents. This mix of RGI and market level units better integrates properties into their neighbourhoods.
How do I apply?
Non-profit housing providers accept both subsidized and market rent tenants. Each non-profit markets its own market rent units but all applications for subsidized housing are made through Peel Access to Housing (PATH).
All applications made to PATH for subsidized (or rent-geared-to-income assistance - RGI) are placed on the Centralized Waiting List in accordance with
HSA
regulations.
All non-profit housing projects accept subsidized RGI tenants from the Centralized Waiting List administered by PATH.
You may select one or more building locations on the PATH Building Selection Sheet.
Most market unit and accessible unit tenants are accepted through waiting lists maintained by the individual non-profit housing providers.
