The affordable housing initiative was announced in the Commission's renovation wave strategy for Europe, which aims to green buildings, create jobs and improve lives. This strategy intends to at least double renovation rates in the EU by breaking down long-standing barriers to energy and resource-efficient renovation as well as improving reuse and recycling. By 2030, the construction sector could see 35 million renovated buildings and up to 160,000 additional green jobs.
Context and objectives
The renovation wave will support new investments over a sustained period, starting with public and less efficient buildings. These will spur digitalisation and creating employment and growth opportunities across the renovation supply chain.
As part of this strategy, the affordable housing initiative works to make sure social and affordable housing facilities also benefit from the renovation wave. It will guarantee local social and affordable housing projects’ access to necessary technical and innovation capacity and project support by
- piloting 100 lighthouse renovation and construction districts with a smart neighbourhood approach focused on energy efficiency, liveability and innovation, also providing blueprints for replication to support other projects across Europe
- mobilising cross-sectoral project partnerships and linking them to local actors, such as social economy entities, SMEs active in the construction or renewable ecosystems, local authorities and bodies, housing associations, investors and civil society
- promoting efficient access and use of innovative processes such as circular and modular building, production of renewable energy as well as engagement models to empower residents and local communities
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