Plain meaning
Housing designed and built specifically as long-term rental accommodation rather than owner-occupied units.
Also called
rental apartment construction
Key points
- Purpose-built rental projects are often discussed in housing-supply policy.
- They may be affected by GST/HST rebates, financing programs, zoning, infrastructure, and construction costs.
- Rental supply can affect affordability, mobility, and local housing-market pressure.
- Tax and financing measures can change project economics for builders and investors.
Why it comes up
Many housing articles involve tax rebates, loans, or infrastructure funding intended to increase purpose-built rental supply.