Funding for affordable housing is allocated to four specific program components
- Rental Housing: includes new builds including additions, and conversion of non-residential building to affordable rental units.
- Homeownership: assists low-to-moderate-income rental households to purchase affordable homes by providing down payment assistance in the form of a forgivable loan.
- Ontario Renovates: provides financial assistance to renovate and/or rehabilitate affordable ownership.
- Rent Supplement: offers eligible individuals or households a rent subsidy to their landlord while living in privately owned buildings