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Waterloo region asks landlords to help with shortage of affordable rental units

There are thousands of individuals and families looking for a place to live in Waterloo region. Getty Images

Waterloo region has issued a plea to local landlords to take part in a rent supplement program to help solve the shortage of affordable rental properties in the area.

“We are looking for strong community-minded landlords who recognize that it takes a community to make homes affordable for all,” Jennifer Murdoch-Martin, Manager of Housing Programs and Development, said in a statement. “The more we partner together to help individuals and families find and keep homes, the healthier and stronger our community will be.”

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The region says there are currently 4,000 individuals or families who are seeking affordable housing in Waterloo.

It offers a program which will cover the difference between the price of rent and what a potential tenant can afford.

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The region is seeking rental units that range from $832 for a bachelor apartment and $1,036 for a one-bedroom apartment, to $1,459 for a unit that has three or more bedrooms.

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