Student shared accommodation, rentals, accelerator area… What to remember from Elisabeth Borne’s housing announcement

In response to the crisis in the property sector, Prime Minister Élisabeth Borne, who traveled to Dunkirk (North) on Thursday 16 November, made a series of announcements on housing production. Among them, the construction of 35,000 student accommodation by the end of the five-year period, the selection of 20 “acceleration territory” where there will be an intensification of housing construction, a doubling of the production of inter-rental housing and a study of the second buyout plan. The prime minister’s goal is for “everyone” to have “access to affordable housing.”

By 2027, the government wants to build 35,000 housing units for students, the Prime Minister announced this Thursday. Accommodation suitable for shared accommodation is planned at competitive prices for students. The interdepartmental student housing plan will be specified in the coming days. Élisabeth Borne indicates that she will appoint a ministerial delegate for housing.

Applications for new “accelerated territories” will be reviewed.

The executive also wishes “doubling the production of transitional rental housing (LLI)” in stressed areas, namely new housing with below average rent, with the main target being workers. Currently, 15,000 LLIs are built each year, with the goal of reaching 30,000 by the end of the five-year period. This would cost a billion euros more per year, half of which would be financed by the state and the Caisse des Dépôts. “Without new affordable housing, we will miss the ship of reindustrialization and territorial renewal”declares Élisabeth Borne.

The Prime Minister announces the selection “20 Areas of Acceleration” to build additional housing, approximately 1,500 housing units in the territory, a total of 30,000. It is the prefects in conjunction with the communities who will be responsible for forwarding requests from the state territory. Following the success of the government’s first buyback scheme and the 47,000 unsold new homes bought back by CDC Habitat and Action Logement, the government is considering a second scheme of the same type. Patrice Vergriete, the plenipotentiary of the minister for housing, is responsible for the work on it.