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A. There are several, some more consequential than others, when looking at a sponsor apartment, say our experts. A sponsor apartment is a unit owned by the original owner or corporation responsible for turning a building from a rental into a co-op.
1 Rent Subsidy - A grant made by a program to reduce or provide the cost of housing for a tenant.  Section 8 - Section 8 is a program funded by the U.S. Department of Housing and Urban Development and is either tenant-based or project-based.