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Government implements housing program "Apartments+" from Q4 2016

03:43

On September 27, the Council of Ministers passed a resolution on implementing Poland's national housing program ("Mieszkanie Plus" or "Apartments Plus"), which will come into force in Q4 2016. The housing program will include a rent-to-own scheme, supports for social housing construction and a savings scheme.
Program assumes that a new National Housing Fund (NFM) will build a land bank of state-owned property, and then it will hand over to the National Housing Operator (NOM) for construction of affordable rental or rent-to-own housing. Rental housing will be leased out at PLN 10-20 per sqm on average, while rent-to-own housing will be leased out at PLN 12-24/sqm. The program will be open to all citizens, but the preference will be given to large or low-income families.

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