Belfast·SPG001 Affordable Housing and Housing Mix·Page 17·3.3.10

Subsidised Intermediate Rent (SIR) product

SIR is an Intermediate Rent product with parameters established by DfC, detailed in their Intermediate Rent Policy (March 2023) and associated Design Standards, with specific funding arrangements through public sector support.

Two products are available that fall within the broad definition of intermediate housing for rent, which depend on whether the rental discount is being delivered with or without public sector support. They can be summarised as follows: • Subsidised Intermediate Rent (SIR): The parameters of an Intermediate Rent home have been established by DfC and are set out in their Intermediate Rent Policy (March 2023) and associated Design Standards. This includes detail of their proposed funding arrangements via a

Source — /Users/richardhill/Documents/planning-arch-project/data/documents/belfast/SPG001 Affordable Housing and Housing Mix.pdf