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NRW Social Housing Stock Drops by Nearly 11,000 Despite Record €2.4 Billion Push

Officials attribute the ongoing decline to a nationwide trend.

Overview

  • The number of price-bound social homes in North Rhine-Westphalia fell to about 464,000 last year, nearly 11,000 fewer than a year earlier.
  • NRW committed roughly €2.4 billion to build and secure 13,356 affordable units, the largest outlay to date, according to the state government.
  • Rental new-builds reached 8,037 units, a 20% increase year over year and described as the best result in two decades.
  • The building minister says the rate of decline has moderated in recent years, noting 94 municipalities increased their social-housing stock and 34 kept levels stable.
  • Opposition parties and tenant advocates warn of mounting scarcity for low-income renters, citing a statewide shortage and calling existing programs insufficient.