Market-Rate Housing

Properties that are rented or owned by people who pay market rent to lease the property or paid market value when they bought the property. There is no subsidy for the housing.

Not to be confused with:

  • Affordable HousingProperties originally built using a tax subsidy and are now required to provide below-market rent for low-income people, persons with disabilities, and/or seniors. Not to be confused with: Wo...
  • Workforce HousingWorkforce Housing generally refers to housing for those who are overqualified for affordable housing yet can’t afford the average market-rate home. Workforce housing is largely geared toward firefi...
  • Subsidized HousingCommonly known as Section 8, this project-based housing assistance requires you to live in a housing unit at the property that is being subsidized. You are usually required to pay at least 30% of your...