Housing programs worth €2.4 bln

The government is throwing four programs with a total cost of 2.4 billion euros into the battle against the housing crisis.

In January, the "My House II" program is expected to be activated with the aim of acquiring housing for 20,000 households, as well as the new program of interest-free loans of €400 million for the energy upgrade of an additional 20,000 homes. Earlier, in November, the "Renovate-Rent" program is expected to be re-promoted with an increase in subsidies to 60% and a maximum subsidized spending limit of €13,330, in order to make it more attractive for property owners who keep them closed, while by the end of year, it is estimated that the first international tender for the "Social Compensation" program will be announced.

The "Renovate my Home" program concerns interest-free loans totaling €400 million, without income, age or property criteria. This...