The C.R.A. (Canada Revenue Agency) has started receiving applications for the one-time supplement to the Canada Housing Benefit program since December 2022. This benefit provides a tax-free payment of $500 to approximately 1.8 million low-income renters.
This supplement is available to taxpayers who have an adjusted net income of $20,000 or less for Canadian individuals, or $35,000 or less for families, and who have paid at least 30% of their adjusted family net income in rent during the 2022 calendar year. These persons must have paid at least 30% of their net famillial income in rent for 2022.
Applicants must be tax resident in Canada and be at least 15 years old and have a principal residence in Canada on December 1, 2022. Note that the expression “having a principal residence” refers to a place where you normally live and pay rent.
Requests can now be submitted through the CRA’s “My Account” platform. The deadline to submit your application is March 31, 2023.