280 million euros from the Public Housing Fund for renovation, sustainability and restructuring in 38 vulnerable neighborhoods in the Netherlands | News item

News item | 12-12-2023 | 10:45

The Housing Fund has been in existence since 2021. €280 million was available for the second tranche this year. The 60 registered projects together amounted to €480 million, making the scheme largely oversubscribed. A VHF review committee examined the applications in November in order to arrive at an assessment. The table below shows the 38 projects that receive a contribution. Together these are good for improving approximately 13,000 homes, spread across 20 municipalities.

About the Public Housing Fund

The VHF is a scheme through which municipalities can receive subsidies to improve the quality of life and promote safety in vulnerable areas. The subsidy is primarily intended for improving private housing (renovation and sustainability), transformation of real estate into homes, replacement new construction and consolidation (acquisition for restructuring). In addition, the subsidy can also be used for the design of the surrounding public space and the realization of social facilities near the homes.

Distribution of priority areas

In the VHF scheme, Urban Focus Areas and border regions are given priority. Of the municipalities that have received an allocation, 10 municipalities belong to the 20 urban focus areas, 9 municipalities are a border region and 1 municipality does not belong to a priority area.

Possibility of rapid new application in 2024

In order to quickly give the municipalities that have not yet received a contribution and all other municipalities a chance again, the third tranche of the Public Housing Fund will be opened at the beginning of February 2024. The counter for the fourth tranche of 2024 will open in the usual period, from June 1 to October 1.

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