She will use the rents to pay her subsidized mortgage.

The moratorium, imposed in 1988, has temporarily forbidden building owners from paying off their subsidized mortgages when the original 20-year deadline passes.

LIKE the Federal programs, Mitchell-Lama allows building owners to pay off their subsidized mortgages after 20 years.

The hospital withdrew from the program in 1997, after buying out the subsidized mortgage.

He recommends, for example, restricting subsidized mortgages to couples who have been married for several years.

In essence, there were three solutions taken seriously by the international community: subsidized mortgages, prefabrication, and "organized self-help".

The bills also differ significantly on the issue of developers buying out subsidized mortgages and converting projects into higher-priced housing.

Under current law, owners of buildings that have been in the program 20 years are allowed to buy out their subsidized mortgages and return the buildings to the open market.

Would finance new affordable housing projects, all cooperatives, by public borrowing supported by rents from occupants who would receive subsidized mortgages.

For example, Mr. Martínez-Ostos said the government expected to grant some 530,000 subsidized mortgages for low-income housing and spend almost $700 million on roads this year.