It seems like the cost of most things are rising, and it is impossible for wages to keep pace. Coming out of the pandemic, most employers are doing everything they can to keep the doors open and 8-10% wage increases are not achievable right now. With the cost of living going up by leaps and bounds, there are some people who are struggling to pay for groceries and necessities, and the increased cost of rent could have serious outcomes for some.
To help the lower income population, the Government has expanded the Provincial Rent Assistance program to more municipalities and more people. Check it out here if you need more information.
The eligibility requirements are different for singles, families, or those with disabilities, as are the locations and types of assistance. The biggest benefit though is that the assistance is paid to you, not the landlord. This ensures you have control over your own rent and living space.
The income level for assistance varies by location and is linked below.
2022 Housing Income Thresholds (alberta.ca)
If you are struggling to cover your day-to-day needs and living expenses, maybe rent assistance can help. There is usually help from somewhere, you just need to know where to look.
There are always options, and a LIT can walk you through which solution is right for you and how you can implement it. Taking action, making a commitment, and working through your debt problem is the best way to find financial stability and freedom.
It seems like the cost of most things are rising, and it is impossible for wages to keep pace. Coming out of the pandemic,
Each day, many Albertans are faced with the challenging decision of how to repay debts. With interest rates and inflation rising, the number of
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