The Limited Times

Now you can see non-English news...

Paris launches home ownership at 5,000 euros per m2, half the price of the market

2021-04-04T15:07:40.091Z


The City of Paris will sell, as of this Tuesday, housing at 5,000 euros per m2, or two times less than the usual price, to the fa


As of Tuesday, the City of Paris will offer its first home ownership homes at 5,000 euros per m2 - half the price of the market - for middle-class families, thanks to the real solidarity lease (BRS) system, Housing assistant Ian Brossat told AFP.

The Foncière de la Ville de Paris (FDVP), a solidary land organization (OFS) permitted by the Alur law of 2014, manages this new offer for social home ownership by separating land from buildings thanks to the real solidarity lease.

This Tuesday we are launching the marketing of the first home ownership homes at 5,000 euros per m2 in Paris.


All the details to discover tomorrow in @leJDD.

https://t.co/yJReZAaXAl

- Ian Brossat (@IanBrossat) April 3, 2021

“La Foncière buys and keeps the land in perpetuity, while only the buildings are sold to Parisian families for a period of 99 years.

The household pays in addition a fee of € 2.50 per month and per m2 to the Land, corresponding to the land participation ”, explains the town hall.

In the event of the death of the purchaser, "the succession is for the benefit of the heir," Ian Brossat told AFP.

If the heir earns more than the resource ceiling, the FDVP buys back the home from him “at purchase value revalued with inflation”.

Already implemented in Lille, Rennes and Lyon

Inspired by a model from the United States where it emerged in the 1980s, a few French local authorities have already taken hold of this new system, such as the metropolitan areas of Lille, Rennes and Lyon.

"The target is families, since they are family and middle-class housing," detailed Ian Brossat.

For the month of April, a first batch of 23 housing units, a third of which are T3 and a large half of T4 and more, will be open to applications.

According to the JDD, they are located in the 14th arrondissement of the capital.

Two other sets will be marketed in 2022, among 1,000 housing units confirmed on a target of 6,000 housing units during the term of office which runs until 2026, details the Communist deputy.

To the legal criteria (ceiling of resources and obligation to make it its main residence), the town hall adds its own selection criteria, such as the candidate's necessary link with the capital.

The deputy mayor PS Anne Hidalgo judging the resource ceilings "a little too low for Parisian sociology", he says he has initiated a discussion with the Ministry of Housing to be able to raise them and thus pass for example, for a couple with two children, from 4,900 euros to 5,500 euros in monthly income.

Source: leparis

All news articles on 2021-04-04

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.