Subsidized rental housing makes it possible for low-income people to live in housing that they would not be able to afford without a subsidy. Subsidized rental housing includes public housing owned and operated by public agencies, Housing Choice Vouchers, or similar rental subsidies used by low-income people to afford private market rental housing, housing produced by the Low Income Housing Tax Credit, and housing subsidized by rental assistance contracts between the federal government and private owners, including Section 202 housing for the elderly. The exhibit summarizes some salient features of these programs.