Skip to playerSkip to main content
  • 3 minutes ago
EU-backed project brings social housing back to Budapest

A former school is being converted into Budapest's first new social housing in 25 years, with EU funding supporting a pilot project aimed at easing the city's worsening housing crisis.

READ MORE : http://www.euronews.com/2026/07/08/eu-backed-project-brings-social-housing-back-to-budapest

Subscribe to our channel. Euronews is available on Dailymotion in 12 languages
Transcript
00:00An old school building in Budapest is being converted into an apartment block.
00:05The 26 energy efficient apartments currently under construction will be available for rent on the basis of social need.
00:1280% of the project is funded by the European Union with the remainder provided by the Budapest Municipal Government.
00:19The project will be completed this year and residents will be able to move in early 2027.
00:48As part of the project, other vacant unused buildings in Budapest are being surveyed and a study is being prepared
00:54to determine.
00:54The most appropriate way to utilize them. Many factors must be taken into account to reconcile the various expectations and
01:01professional viewpoints.
01:05This is a situation where the Bontage or the Értékesit is a racion is a better than the Al-Budapest.
01:13So we are working on the project in Budapest.
01:19What do you want to do with this?
01:49Budapest's mayor, who participated in the construction site tour, urged the development
01:53of a substantive strategy to remedy the capital's catastrophic housing situation.
01:58He emphasized that while the current project does not resolve this crisis, it serves as
02:02a good test of how to tackle these challenges in collaboration with various professional
02:06organizations.
Comments

Recommended