I’m a market rent tenant and I just lost my job. Can my rent be adjusted?
Market rent tenants may not qualify for rental subsidy. If a family is originally rent-geared-to-income and through an income change increases to the market rent charge, there is a one year “probation” period from the commencement of the income change during which the family may return to a rent-geared-to-income status. Once this period ends, however, the family is considered to be a market rent family and if an income decrease is experienced, the City of Hamilton must approve reinstatement of rental subsidy for most families.