
Minister for Home Affairs Taina Bofferding and Minister for Housing Henri Kox were the ones to present the new agreement on Thursday morning to the respective chamber commission and later to the press.
The "housing pact 2.0" is built on a mutually beneficial relationship between the Grand Duchy's municipalities and the government. While the former are tasked with the creation of new housing projects, the latter will provide financial support to realise these strategies. Municipal housing commissions will moreover be advised by consultants, employed by the government.
The new pact also revises the calculation of governmental support to match the number of new living spaces created rather than population growth.