Walls moldy from water infiltration, insects, warped floors, cracks and single-glazed windows... The condition of this building on Avenue Jean Jaurès, in the 19th arrondissement of Paris, leaves much to be desired.
“We measured an energy performance diagnosis (DPE) of 590 kWh/m²/year,” presents Nicholas Diddi, architect of this heavy renovation project.
At his side, an audience of elected officials and donor representatives blown away by such an energy sieve.
“However, I have visited hundreds of homes,” chokes up Jacques Baudrier, deputy mayor of Paris in charge of housing.
The electricity bill for these homes would amount to more than 3,500 euros/year for the occupants, not including the price of the subscription contract.
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The project will take a long time, but in two years, the building will be unrecognizable.
Because to prevent this type of slum from remaining in the capital, the town hall took advantage of the sale of these 17 housing units to pre-empt them in the name of its Foncière and undertake major work.
The property on avenue Jean-Jaurès will enter the production program for 10 apartments (mainly T3 and T4, instead of the current 17) under the regime of the Real Solidarity Lease (BRS), a system which makes it possible to facilitate the access to property for the middle and lower classes.
Expect around 5,000 euros/m² for the lucky future owners, a discount of almost 50% compared to Parisian market prices.
1,000 housing units by mid-2026
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Future housing and their attractive prices necessarily attract many candidates.
In the first operation launched by Foncière de la Ville, in Saint-Vincent-de-Paul (14th century), 23 families were selected for 2,685 application files submitted.
Katya, a single mother of three children, is one of them.
“I had never dared to look at real estate advertisements,” confides this manager in the IT sector.
His application was selected for a three-room apartment of 65 m².
Such a success which leads the organizers to tighten or add criteria.
The City is aiming for the availability of 1,000 real solidarity lease housing units by the end of the mandate in 2026, including 200 commercializations hoped for in 2024. The building on avenue Jean-Jaurès, whose rehabilitation alone is estimated at 3, 5 million euros without counting the purchase, will have seen its DPE go from 590 to 80 kwh thanks to a renovation which aims to be ecologically exemplary.
You will have to wait until the end of 2024 for marketing and the end of 2026 for delivery.
In the meantime, the last occupants must be relocated.