Part-ownership housing is a form of housing in which the tenant first pays rent for the apartment and, after the rental period, has the right to buy the apartment outright.
Part-ownership housing can be built with state subsidies or private financing. Provisions on state-subsidised part-ownership housing are laid down in a separate Act, which entered into force on 1 March 2002. The terms and conditions relating to part-ownership apartments financed before this date are based only on the agreements between residents and producers of housing.
Resident selection for part-ownership housing produced with interest subsidy schemes is based on the same criteria as with state-subsided rental apartments.
- Act on Part-Ownership Dwellings Financed with Interest Subsidy Loans (232/2002) (in Finnish)
- Act on Joint Management of Rental Buildings (649/1990) (in Finnish)
- Government Decree on the Selection of Tenants for State-Subsidised (ARAVA) and Interest-Subsidy Rental Dwellings 166/2008 (in Finnish)