Housing for all - new models of financing
|Coordinator||FASTIGHETS AKTIEBOLAGET TRIANON|
|Funding from Vinnova||SEK 1 088 300|
|Project duration||November 2018 - August 2021|
Purpose and goal
Housing for all in all forms is fundamental to sustainable social development. There is great need to make newly produced housing available to many. The project aims at developing a financing model that enables households low on savings to own their lodging. The model is developed to be tested in Rosengård. Works include: Mapping to what extent mixed forms of tenure contribute to socio-economic integration at a micro level, and to increase in improve resident retention and stability in the area.
Expected results and effects
By the end of the project there is a financing model that enables more to access the housing market and own their homes, and a clearer picture of who are setting demands for new condominium in Rosengård, their housing preferences and attitude on ownership. This financing model in Malmö can spread nationally. Mixed tenure forms and more families with stronger resources in socio-economically vulnerable areas will increase social stability, reduce child poverty and segregation. Long term social investment makes a safer city.
Planned approach and implementation
The project is implemented collaboratively by Fastighets AB Trianon, PEAB, City of Malmö, Malmö University, Carnegie Investment Bank and AB Grenspecialisten. Works include: Evaluation and risk assessment of financing solutions; mapping the effects of mixed tenure forms; a qualitative and quantitative study on willingness and ability to pay, housing preferences, possibilities of sharing economy and mobility solutions that can reduce households’ total monthly expenses. The project will go on until August 2021.