The promising figures from the housing fund published by Luxembourg’s housing ministry on Tuesday show a marked improvement from 2016 when just 20 units were completed.
The reason, the report says, is because of a recruitment drive at the housing fund where staff numbers rose from 63 in 2016 to 86 in 2017. In 2016, the number of housing units under construction by the housing fund rose by 213% from 93 to 292. These efforts began to be noticed for the first time in 2017 figures. Results for 2018 look equally promising with 180 homes expected to be delivered, rising to 300 in 2020. In the coming years, its biggest affordable housing projects will be on brownfield sites in Wiltz and Dudelange where the housing fund will build around 2,000 homes.
Figures were also positive at the SNHBM, the national affordable housing corporation, which began construction on 272 homes in 2017. This number should increase by 250 to 300 dwellings in 2018 and 2019. The SNHBM’s biggest project is in Olm where it is building 800 homes across three villages, work on which will begin shortly with the first 100 homes to reach completion by the end of 2020.