aug 18, 1991 - Housing Restructuring and Tenancy Matters Act - passed

Description:

Under the Housing Restructuring Act (1992), the state housing agency was required to make a profit and market rents were introduced into the state housing sector. In a policy shift away from ‘bricks and mortar’ subsidies, to a tenure neutral demand side subsidy, the Accommodation Supplement was introduced to assist all low-income households with their housing costs. The radical nature of the reforms had a profound impact on the public housing sector resulting in considerable tenant churn and rising housing costs

Source: https://www.tandfonline.com/doi/full/10.1080/02673037.2014.915291?casa_token=v7sk5fM274kAAAAA:UJVrWZVmwlwIQzCKOTCrCwyYx7BzRsNv1hx2_5ZlAmdIrMdgvH2w4bCrtyuHXM0eQfIr_-xgB78

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