Supply-side subsidies for affordable rental housing.

Supply-side subsidies for affordable rental housing support dwellings that are allocated according to need rather than ability to pay. Such assistance to housing suppliers reduces costs below what they would otherwise have been. The subsidies can take a number of forms including payments by government, tax concessions, low interest loans, and cross-subsidies from the development process. They are available to a wide range of providers including municipalities, voluntary or nonprofit associations and foundations, public or private nonprofit companies, cooperative organisations, and private investors that build and/or manage affordable housing. Supply-side subsidies for affordable rented housing are intended to increase the quantity and/or the quality of dwellings; they may also be intended to reduce the rents of such accommodation.