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Real estate: CDC Habitat has ordered 10,500 housing units in support of developers

2023-09-26T12:09:55.993Z

Highlights: CDC Habitat has pre-ordered 10,500 homes whose construction sites were at half-mast. The government had asked CDC Habitat and the Action Logement group to buy back pending programs from developers to support their activity. Of these dwellings, 2100 will be social housing and 8400 intermediate rental housing, whose rents are regulated but higher than in the social. These orders represent an amount of about 2 billion euros, says the president of the board, Anne-Sophie Grave. "We hope, this is our goal, to manage to meet... by the end of the year," she says.


Faced with the new real estate crisis, the government had asked CDC Habitat and the Action Logement group to buy back pending programs from developers to support their activity.


The housing branch of the Caisse des dépôts et consignations (CDC Habitat) said Tuesday that it had pre-ordered 10,500 homes whose construction sites were at half-mast, out of the 17,000 to which it has committed. Faced with the crisis of new real estate, faced with a purchasing power of buyers that stalls and rising construction costs, the government had asked CDC Habitat and the Action Logement group, two giants of social housing, to buy back pending programs from developers to support their activity.

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At the end of August, 10,500 homes had already been ordered, from more than 70 local and national real estate developers," CDC Habitat said in a statement. Of these dwellings, 2100 will be social housing and 8400 intermediate rental housing, whose rents are regulated but higher than in the social, said the president of the board of CDC Habitat, Anne-Sophie Grave.

These orders represent an amount of about 2 billion euros, she said. "We hope, this is our goal, to manage to meet (the goal of 17,000 buybacks) by the end of the year, otherwise it will extend a little bit on the beginning of 2024, but we think we will get there," she said.

Source: lefigaro

All news articles on 2023-09-26

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