Antrim and Newtownabbey·SPG Affordable Housing·Page 11
Intermediate Housing for Sale
Intermediate housing for sale helps households afford part-ownership of a property while renting part from a RHA, with flexible proportions based on household circumstances. It may or may not be government-funded and is currently delivered by Co-Ownership when subsidized.
Intermediate housing for sale is typically provided through a RHA and helps households who can afford a small mortgage, but that are not able to afford to buy a property outright. The property is split between part ownership by the householder and part renting from the RHA. The proportion of property ownership and renting can vary depending on householder circumstances and preferences. Intermediate housing for sale may or may not be funded by government subsidy, however intermediate housing for sale which is funded by government, is currently delivered by Co-Ownership.
Source — /Users/richardhill/Documents/planning-arch-project/data/documents/antrim-newtownabbey/SPG Affordable Housing.pdf