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Homes in France – on the path to recovery

Brussels, 15 September 2020 | Social, Economy, The future of the EU & Housing

Our member in France, the Social Union for Housing (USH), the Banque des Territoires (Caisse des Dépôts group), the European Investment Bank and the Council of Europe Development Bank have established a key partnership that will lay down a foundation for social housing organisations in France to access European funding for long-term investments in affordable homes.

The joint declaration of the European Alliance was signed on September, 15th in Paris during the event “Hlm [social housing], actors in the recovery”, organised by USH. The strategic agreement is part of the implementation of the European Union's Recovery Plan from the global pandemic and the EU Renovation Wave that will be launched by the European Commission mid-October. This French Alliance is a model which could I inspire other Federations – please contact for more information.

Speaking at the roundtable dedicated specifically to the EU, Housing Europe's Secretary General, Sorcha Edwards reminded that "The sector had forecasted to invest annually EUR33 billion for the construction of social housing in Europe and EUR23 billion for the renovation. With the COVID-19 crisis, it is not clear how these forecasts will be impacted but still possible if sufficient legal support and financial resources are provided," our Secretary General further added. 

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