Subsidized Housing
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High Quality Content by WIKIPEDIA articles! Subsidized housing (aka social housing) is government supported accommodation for people with low to moderate incomes. Forms of subsidies include direct housing subsidies, non-profit housing, public housing, rent supplements and some forms of co-operative and private sector housing. Co-operative housing is controlled by the members of the co-op, which is run by a board of directors. There is no outside landlord. In most cases, all residents of the co-op become members and agree to follow certain by-laws. Residents pay a monthly charge that is set by…mehr

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High Quality Content by WIKIPEDIA articles! Subsidized housing (aka social housing) is government supported accommodation for people with low to moderate incomes. Forms of subsidies include direct housing subsidies, non-profit housing, public housing, rent supplements and some forms of co-operative and private sector housing. Co-operative housing is controlled by the members of the co-op, which is run by a board of directors. There is no outside landlord. In most cases, all residents of the co-op become members and agree to follow certain by-laws. Residents pay a monthly charge that is set by the co-op in its annual budget. In some countries, co-ops get government funding to support a rent-geared-to-income program for low-income residents. In addition to providing affordable housing, some co-ops serve the needs of specific communities, including seniors, people with disabilities and artists.