What is the role of subsidies in housing policy?

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What is the role of subsidies in housing policy?

The role of subsidies in housing policy is to provide financial assistance or incentives to individuals or households in order to make housing more affordable and accessible. Subsidies can be used to support various aspects of housing, such as rental assistance, down payment assistance, or low-interest loans. They aim to address housing affordability issues, particularly for low-income individuals or those facing financial hardships. Subsidies can also be used to promote specific policy objectives, such as encouraging the development of affordable housing units or revitalizing certain neighborhoods.