Rental Subsidy
/ˈrɛn.təl ˈsʌb.sɪ.di/
Definitions
- (n.) A financial assistance payment provided, often by government programs, to help individuals or entities cover rental housing costs.
The housing authority awarded a rental subsidy to low-income tenants to make their apartments affordable.
Forms
- rental subsidy
- rental subsidies
Related terms
See also
Commentary
Rental subsidies are commonly used in affordable housing policy to bridge the gap between tenant income and market rental prices.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.