The Finnish State supports both home ownership and rented housing. Subsidies in the form of interest subsidies, guarantees or grants are provided to promote the construction, renovation or acquisition of housing. Housing allowances are also paid to help residents in difficult financial circumstances to meet their housing costs.
Home ownership is also supported through tax rebates on interest repayments on personal housing loans. Support for the construction, renovation and acquisition of housing is financed mainly through the Housing Finance and Development Centre of Finland. Some forms of housing support are financed directly from the national budget.