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Author : UIA
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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.

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Location
Ghent, Small and medium-sized cities (50k > 250k)
About UIA
Urban Innovative Actions
Programme/Initiative
2014-2020

The Urban Innovative Actions (UIA) is a European Union initiative that provided funding to urban areas across Europe to test new and unproven solutions to urban challenges. The initiative had a total ERDF budget of €372 million for 2014-2020.

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