Housing - dnssab
Housing - dnssab
Housing - dnssab
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Key Indicators: Income Gaps<br />
Rent ($ /month)<br />
$500<br />
$400<br />
$300<br />
$200<br />
$100<br />
$0<br />
Examples of Affordability Gaps for Social Assistance<br />
Recipients: North Bay, 2007<br />
$900<br />
Ave. Rent,<br />
$800<br />
2-bdrm: $733<br />
$700 Ave. Rent,<br />
1-bdrm: $573<br />
$600<br />
$274<br />
$273<br />
ODSP<br />
$300<br />
ODSP<br />
$459<br />
Single Single<br />
Parent &<br />
Child<br />
Average Rent,<br />
3-bdrm: $823<br />
$238<br />
ODSP<br />
$585<br />
Couple<br />
with Two<br />
Children<br />
OW & ODSP: Maximum Rent @ 30% of Income<br />
Average Rent,<br />
2-bdrm: $733<br />
Average Rent,<br />
1-bdrm: $573<br />
$424<br />
$405<br />
OW<br />
$168<br />
OW<br />
$309<br />
Single Single<br />
Parent &<br />
Child<br />
Average Rent,<br />
3-bdrm: $823<br />
$432<br />
OW<br />
$391<br />
Couple<br />
with Two<br />
Children<br />
Affordability Gap<br />
• Significant housing<br />
affordability gaps<br />
exist for social<br />
assistance clients.<br />
• Example: a single<br />
ODSP recipient has<br />
income of $999 /mo<br />
– this leaves $300<br />
/mo. to spend on<br />
affordable housing.<br />
• Average market<br />
rent for a 1-bdrm.<br />
apartment is $573 –<br />
this leaves a<br />
shortage of $273.<br />
..and social housing<br />
is in short supply: