Affordable Rent, Stability Among Benefits of Subsidized Housing?

1 Answer

Answer :

Subsidized housing is a category of housing, including apartments, single family homes and condominiums, that is supported by the government financially. This enables students, the elderly, individuals with disabilities as well as people with low incomes to enjoy affordable housing in areas where they might not otherwise be able to afford to live.Modest rent that is typically lower than market values on comparable units in a neighborhood are among the best benefits of subsidized housing. Another benefit is that subsidized housing is often better maintained than other housing because the landlord receives timely government payments and is subject to surprise reviews, both of which are incentives for the landlord to keep the property well maintained and to do repairs in a timely fashion.Pros

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