Definition, Meaning & Synonyms

housing-subsidy

noun

/ˈhaʊzɪŋ ˌsʌb.sɪ.di/

Definition

A financial assistance program designed to help individuals or families afford housing costs.

Examples

The government provided a housing subsidy to low-income families to help them secure stable living conditions.
Many students rely on housing subsidies to afford accommodation while attending university.
After receiving a housing subsidy, the family could finally move into a safe neighborhood.

Meaning

Housing subsidies are typically provided by government agencies or other organizations to reduce the burden of rent or mortgage payments for qualified recipients.