affordable housing

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  • Created by: maria
  • Created on: 01-02-13 19:57
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  • AFFORDABLE HOUSING
    • social housing
      • houses rented  from local authorities
      • houses rented from housing associations (not-for-profit organisations which aim to make housing affordable for all.
    • other affordable housing
      • shared  ownership schemes, where occupier of the house buys part of the property, while the government/ housing associations/ construction company owns the rest.
      • schemes to make cheaper mortgage finance available to some selected occupations known as "key workers" (e.g: teachers) buying property
      • rented accommodations where the government subsidies the rent payments, so that the rent is set at an intermediate level

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