Antrim and Newtownabbey·SPG Affordable Housing·Page 11
Intermediate Housing for Rent
Intermediate Rent is a new DfC policy providing below-market-rate rental homes for lower to moderate income households, offering private rental tenancies as a solution for those unable to meet open market rental costs or wishing to enter low-cost home ownership.
DfC has developed a new Intermediate Rent Policy (March 2023) to create an additional supply of affordable homes. It intends to provide an additional rental choice for lower to moderate income households, providing longer-term, higher quality, well-managed homes. Intermediate Rent is not a form of social rented housing and offers private rental tenancies, at a below market rate of rent. Intermediate Rent can provide a solution for households struggling to meet open market rental costs, and those wishing to enter low cost home ownership in the future.
Source — /Users/richardhill/Documents/planning-arch-project/data/documents/antrim-newtownabbey/SPG Affordable Housing.pdf