Milan, a new company dedicated to social housing
A new municipal company dedicated to housing, or rather to the development of homes to be rented at a controlled price for the middle class. The Municipality of Milan has given...
The Municipality of Milan has launched a new public company focused on developing affordable housing for the middle class. The company, entirely publicly owned, will be tasked with acquiring and managing properties for rent at controlled prices. The initiative aims to fulfill a pledge made two years ago to build 10,000 houses over the next decade.
The municipal council is expected to validate the company's structure and financial plan by October. A tender for three large areas, including San Romanello, Palasharp, and Bovisasca, is set to be opened on October 26.
Written by urgent.news from Il Sole 24 Ore's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.