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Dangiwa emphasized that this approach transcends mere house construction; it's about nurturing communities where equal opportunities abound, and prosperity knows no boundaries. Expanding on the concept, the minister clarified that cross-subsidy involves housing projects designed to include a mix of units tailored to various income levels. In this initiative, market-rate units are priced higher to reflect actual construction costs and developer profit margins. Simultaneously, a percentage of units within the same project is allocated as affordable housing, with significantly lower prices than the market rate. The revenue generated from the market-rate units is then used to subsidize the construction and maintenance costs of the affordable units.
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