ICCARus (Gent knapt op) - Improving housing Conditions for CAptive Residents in Ghent

Our proposed solution is to renovate 100 houses of captive residents in Ghent. For each renovation we provide a starting capital of 30.000 Euro. Before, during and after the renovation process, captive residents will be unburdened and supported technically, financially, administrative and socially. 

We’ll use an innovative financial instrument to make a renovation possible for this low income target group. By using a recurring fund, the public finance is not only used for a limited group, but can be used over and over again to fight this main urban challenge. This project will create, shape and optimize this financial policy instrument.