The Housing Stability Bank offers financial assistance to low income Londoners to obtain and retain their housing and offers financial assistance to those at risk of homelessness to remain housed.
Services offered under this program
Rental Assistance
The Housing Stability Bank provides interest free loans to assist with Rental Arrears, First Month's Rent (ODSP recipients only) and/or Last Month's Rent.
The Housing Stability Bank provides grants (until grant funds are exhausted annually) or interest-free loans to assist with utility arrears pertaining to gas, electricity or water.
The Housing Stability Bank assists with completion of Applications to the Ontario Electricity Support Program.
Money Coach Services
We provide one-to-one coaching regarding financial matters such as budgeting, banking, direct deposits, credit and debt management, benefit entitlement, completing applications and more.
Connections and Referrals to Community Services
We will provide relevant connections to community services.