Skip to content
Home » Canada $500 Housing Benefit for Seniors: Full Details and Application Info

Canada $500 Housing Benefit for Seniors: Full Details and Application Info

  • by

Canada Housing Benefits for Seniors: $500 One-Time Payment

Housing costs are rising in Canada, making it tough for many to pay rent. The Canadian government is offering a one-time $500 payment to help low-income renters.

$500 One-Time Payment

  • Purpose: To help low-income families and individuals with rent.
  • Introduced: December 12, 2022.
  • Beneficiaries: Over 600,000 tenants have received this payment so far.
  • Tax-Free: This payment is tax-free and doesn’t impact other federal benefits like the Canada Child Benefit, the Canada Workers Benefit, or the Goods and Services Tax Credit.


Income Tax: Must have filed 2021 income tax returns.

Rent: Paid at least 30% of 2021 family net income on rent in 2022.

Income Limits:

  • Families: $35,000 or less.
  • Individuals: $20,000 or less.
Canada’s $500 Housing Benefit for Seniors

How to Claim Canada Housing Benefits?

Managed by: Canada Revenue Agency (CRA).

How to Apply: Apply online on the federal government website or call 1-800-282-8079 if unable to apply online.

Information Needed: Address, landlord’s contact, and rent paid in 2022.

Processing Time:

  • Direct deposit: 5-7 business days.
  • Check: 10-12 business days.

Documentation: Keep receipts or supporting documents for six years in case the CRA requests proof.

Additional Information

  • This payment is different from the regular monthly Canada Housing Benefit, which is co-funded and managed by provinces and territories.
  • This program has a budget of $4 million to support approximately 4.2 million Canadian families.

For more information, visit the Canada Revenue Agency’s official website.

Leave a Reply

Your email address will not be published. Required fields are marked *