While the prices are becoming more and more exorbitantand that empty apartments are legionthe City of Paris has just added a new string to his bow pour fight against the housing crisis. A range of homes located between the social and the privateimplemented thanks to at the Affordable Housing Funda true complement to social housing. We tell you everything.
Hundreds of accommodations available each year
The principle of this new property is simple: allow the City to purchase buildings whose apartments are most often vacant and requiring major renovation work, which will then be entrusted to social landlords. The latter will be able to rent them at unbeatable pricesparticularly to people from the middle classes.
With a budget maximum of 120 million euros each yearthe Paris City Hall hopes to acquire approximately 400 housing units per year, which will then be redistributed as quickly as possibledepending on the renovations to be planned. This work will aim in particular to bring the various apartments up to energy and hygiene standardssince many of the empty homes today have for example no access to running water.
Accessible housing… but not right away
A belle initiativewhich increases the availability of affordable housing in the capital and is added to joint real leasea system which guarantees the middle classes become an owner for less than €5,000 per square meter in the capital. In the same vein, the City has strengthened rules in favor of public housingand increased aid to social landlords.
The City would like to try to develop the public rental offer as quickly as possible (which includes social housing and affordable housing) in order to offer 40% public housing in 2035SO 10% accessible housing. Excellent news for young Parisians who are desperate to settle down permanently in the capitalwithout having to put a kidney up for sale. Yay.
