The Kirchberg Fund wants to attract a mixed population to the area. So what are the conditions for sale of an affordably-priced apartment?
Two price categories are envisaged:
- Affordable housing in line with the Kirchberg Fund’s rules
This relates to accommodation sold by developers, following a call for applications procedure arranged by the Fund. The type and size of the accommodation that can be purchased depends on the make-up of the applicant’s household. A minimum of 45% of the accommodation is reserved for applicants with an under-age child or children. The price per square metre is at least 40% below the open market price. There are no conditions for eligibility linked to the applicant’s income.
- Affordable accommodation in compliance with the law of 1979 on housing benefit
The accommodation is realised by the affordable housing association Société Nationale des Habitations à Bon Marché (SNHBM), reserved for claimants receiving housing benefit. The price per square metre is at least 60% below the open market price.
In these two scenarios the Kirchberg Fund, as owner of the land, cooperates with partners (social developers such as the Société Nationale des Habitations à Bon Marché or commercial developers and house-builders) who are responsible for building and marketing the accommodation.
To retain control of the land and to rein in property speculation, sales are currently realised by granting a right over the land and emphyteusis rights.
For housing intended for claimants receiving housing benefit, please contact the Société Nationale des Habitations à Bon Marché (SNHBM) direct.