Low-cost housing

Low-cost housing refers to residential properties designed to be affordable for people with limited income. These homes are often subsidized or built using cost-effective materials and methods to reduce expenses. The goal is to provide safe, decent, and accessible living conditions for those who might otherwise be unable to afford housing in the open market. Low-cost housing plays a crucial role in promoting social equality and reducing homelessness by ensuring that more people have access to stable and secure homes. It is a key component of urban planning and social welfare strategies worldwide.