It is the Region of Waterloo's role to administer and fund subsidized housing throughout Waterloo Region for individuals, families and seniors with low-to moderate-incomes. To access subsidized housing, the Region manages a Centralized Wait List for subsidized rental housing units and co-operatives. You must apply to be placed on a wait list. Applicants are contacted when housing becomes available. The number of people in need of subsidized housing exceeds the number of units available, meaning that wait times for an applicant to receive housing are significant.