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2012 Ingoing Tenant Income Limits Sections 26 and 27 Housing Providers

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Ontario SHNotifications

Subject: 2012 Ingoing Tenant Income Limits Sections 26 and 27 Housing Providers

 

SHB - unchecked boxLegislation/Regulation                                                        Release 12-05
SHB - unchecked boxOperational
In accordance with CMHC Guidelines and Procedures 7.16.2.1./2, (copy attached) the following ingoing (family) tenant income limit is effective immediately for the province of Ontario. The amount for 2012 is $64,817 per year.

These new limits reflect the Upper Limit, 2nd Quintile Family Income, for Ontario.

Service Manager’s Responsibility

Please ensure all Sections 26 and 27 housing providers within your service area are advised of this new tenant income limit.

Should you have any questions, please contact Alison Coke, Manager, Risk Management and Compliance Unit, by telephone 416-585-6472, or by facsimile 416-585-7610 or e-mail alison.coke@ontario.ca.

Keith Extance
Director, Housing Funding & Risk Management
MMAH


Attachment: Memorandum 06 March 2012 - pdf