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Housing Stability Fund running out

Jun 16, 2014
News source: myKawartha

Staff looking for approval to dip into reserve funds to continue to help residents avoid eviction.

PETERBOROUGH -- The City will need to take money out of its savings if it want to continue helping low-income residents avoid homelessness this year.

According to Linda Mitchelson, director of social services with the City, the Housing Stability Fund is set to run out this summer -- meaning there won't be any money to help Ontario Works and Ontario Disability Support Program (ODSP) clients settle up on rent arrears or late utilities payments. Now, staff are suggesting the fund get a $300,000 top-up to help stretch the fund out until the end of the year.

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