Definition of «subsidized apartments»

"Subsidized apartments" refers to housing units that are provided with financial assistance from the government or other organizations. This assistance helps to reduce the cost of rent for people with low incomes, making it more affordable for them to live in these apartments.

Sentences with «subsidized apartments»

  • Starrett City, the largest federally subsidized apartment complex in the country, will remain affordable for another 30 years after Governor David Paterson signed legislation... (therealdeal.com)
  • Starrett City, the largest federally subsidized apartment complex in the country, will remain affordable for another 30 years after Governor David Paterson signed legislation today keeping the complex in the Mitchell - Lama program. (therealdeal.com)
  • Generally speaking, unlike market rate apartments, owners of subsidized apartments are not able to implement a lease provision mandating that tenants purchase renters insurance. (effectivecoverage.com)
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