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Project

Investment aid for rental and student housing

Sweden 2023-12 Picture 8 - Investment aid for rental and student housing
Copyright: Swedish Government

The investment measure aims to relief the housing shortage by increasing the supply of new rental dwellings with a lower rent relative to new non-subsidised housing.

Together with restrictions concerning income requirements these dwellings shall be economically accessible to a larger number of households, easing the situation also for individuals in the lower half of the income distribution, students or people becoming active on the labor market.

Construction subsidies shall be paid to houses to be completed in 2022 and 2023.

Several conditions shall be attached to ensure that the target group is reached, namely, the investment aid is conditional on a maximum rent whereas the landlord may not refuse a prospective tenant to rent a subsidised dwelling on the ground that the income is too low, as long as the person or household is in a position to pay the rent.

The support scheme shall give support to investments that achieve at least a 20% reduction in the primary energy demand at the level of the building.

This is expected to fall in line with historical experience.

The implementation of the investment shall be completed by 31 December 2023.