Canadians have endured some major hardships due to the COVID-19 global pandemic, and rent affordability is one of them.
That's why one Canadian property company, Hazelview Properties, wants to lend a hand to their residents by offering some rent relief to those who need it the most.
We will continue to support our residents and community members meaningfully.
Colleen Krempulec, Hazelview Properties
They announced on Tuesday that they are rolling out the creation of the Hazelview Cares Rent Relief Program which will support Hazelview residents facing money problems.
The program will have more than $1 million in its pocket to help residents and community members in 2021.
However, this isn't the company's first time providing relief to tenants.
In early 2020, the company started the Rent Support Program that provided help to residents struggling to pay their rent on time.
This newly announced program will give residents a rent credit value "at up to one month of their current rent."
Residents who have already participated in the last program are eligible, and those in good standing that can show they faced financial obstacles due to the pandemic can apply.