The net effect is that the company is getting its space at a below-market rate.
They want the fund to stop lending money at below-market rates and to operate more openly.
The church will offer the units at below-market rates.
Twenty percent of the total units would be offered at below-market rates.
He said the company is only raising rents to market levels from below-market rates.
It is no coincidence that his family members ended up with the lease at a below-market rate.
The design includes space for artists at below-market rates and galleries on the ground floor.
The loans are made at below-market rates of 3 percent.
Interest paid to investors will also be at below-market rates.
When the bank pays interest on the account, it is normally at below-market rates, say, 4 or 5 percent.