Rates & Fees/Financial Assistance
There are three parts to the costs of tenancy:
Basic Rental Accommodation rates payable to the IOOF Seniors Homes Inc. Rent-Geared-to-Income (RGI) assistance is available for applicants that meet the eligibility requirements. RGI funding ensures that their monthly rent will not be more than 30% of their total household income. Approval is subject to the availability of RGI funding.
Basic Service Package fees are determined by the IOOF Seniors Homes Inc. based on a per diem formula which reflects the cost of providing the services. Acceptance of the Basic Service Package is a condition of tenancy.
Optional Service fees are the additional charges for programs and services that are not included in the Basic Support Package. This fee is based on a formula which reflects the cost of providing each service. You will be billed for any additional services provided on a monthly basis.