Belfast·SPG001 Affordable Housing and Housing Mix·Page 18
Subsidised Intermediate Rent (SIR) Definition
SIR is housing provided at a discount of at least 20% on average local market private rents, delivered through a government-supported Intermediate Rent Operator with eligibility parameters, rent controls, minimum tenancy terms, and support services.
A form of Intermediate Rent housing made available at a discount of at least 20% on average local market private rents at time of letting for a similar property size and type. It establishes appropriate eligibility parameters relating to a household's net income and affordability, as well as other obligations for the Operator, including rent controls, minimum tenancy terms, maintenance requirements and support services.
Source — /Users/richardhill/Documents/planning-arch-project/data/documents/belfast/SPG001 Affordable Housing and Housing Mix.pdf