Definition

Rental housing developed with the assistance of government so that rents are more affordable for low-income households. The assistance of government can take various forms, such as capital or operating funding, land, or access to lower mortgage rates. The particular funding program under which the housing was created determines eligibility.

Category

Social and Affordable Housing System

Sub-category

Social and Affordable Housing

Related Terms

Non-profit Housing

Co-operative Housing

Toronto Community Housing Corporation (TCHC)

Alternative Housing

Seniors Subsidized Housing

Indigenous Housing

Transitional Housing