Subsidized Housing
Definition of "Subsidized housing"
Housing whose rental payments are reduced because of aid granted by the federal, state, or local governments, private enterprises, or individuals. For example, monthly rental payments for elderly individuals living in senior citizen subsidized housing complexes are significantly lower than the e fair market value of these payments due to federal subsidies.
Popular Real Estate Terms
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Expenditure paid to occupy property over a specified time period. ...
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The interest rate charged for a loan. For example, John obtained a $10.000 loan from the bank charging 10% interest. ...
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