What is the Canada Housing Benefit and Pension Plan? If you are a senior living in Canada, you may receive financial assistance from the federal government to help with your living expenses. In this article, we will explain that:
$1500 Canada Housing Benefit 2024 CHB: A monthly subsidy to help low-income families pay rent.
Pension Plan: Consists of two main components:
OAS Pension: A monthly payment for those aged 65 or over.
GIS: Additional payment for low-income OAS pensioners age 65 or older.
Canada Housing Benefit Who is eligible?
For CHB:
Canadian citizen, permanent resident, refugee or protected person
Pay less than the average market rent
Spend more than 30% of income on rent
Others do not receive any housing subsidy
Meet income and household size limits
Canada Housing Benefit For OAS Pension:
65 years or older
Canadian citizen or permanent resident at the time of application
Have lived in Canada for at least 10 years since age 18
Canada Housing Benefit For GIS:
65 years or older
Receive OAS pension
Income below the maximum annual income threshold
How to apply?
For Canada Housing Benefit
Contact your provincial/territorial housing provider
Fill the application form
Provide proof of income, rent and household size
Sign the consent form
SASSA Grant Changes 2024 How to Check your SASSA Grant Status in 2024
Canada Housing Benefit For OAS Pension:
Apply online or by mail
Use My Service Canada Account
Complete the paper form for OAS and GIS (ISP-3550).
Age, legal status and residence in Canada