Social housing 2027: 4,000 home loans, half at 0% interest, and 3,000 subsidized rentals

The social housing program for 2027 provides for 4,000 loans to buy a home and 3,000 subsidized rental places, the Agency for Media and Information announced Monday. Amendments to the social housing law aim to extend support beyond families in need to young people, students, newlyweds, professionals and citizens returning from emigration.

Two types of loans

Of the 4,000 loans, 2,000 will be issued at 0% interest for apartments worth up to 60,000 euros, while the other 2,000 will carry 3% interest. Under the rent scheme, the state will cover 50% of the rent, according to criteria set by the program.

According to the published data, about 31,000 families have received housing support since 2018. Of these, 14,512 families received rent subsidies, 7,290 soft loans and 6,078 help to improve their living conditions.

1,500 winners in Tirana

Also on Monday, Tirana Municipality announced about 1,500 new winners of its social program “For subsidizing loan interest,” which helps low-income families buy an apartment in the capital. The subsidized share of the interest is paid from the state budget, while the loan is repaid at 3% interest.

The list of winners was sent for approval at the October meeting of the Municipal Council. Once it is approved, beneficiaries must go to commercial banks that have agreements with the municipality to complete the procedures. The loan amount for each applicant depends on the number of family members and the program's criteria; the program was among the first initiatives of Mayor Erion Veliaj.