Affordable Living
ESG commitment for people with low incomeHousing is a basic need. The need for affordable housing is currently great. However, the free market hardly creates affordable housing. – Especially not for the low-income population. Families in particular have difficulty obtaining affordable housing through the housing market. With our housing projects, we are creating solutions for an affordable future.
The Idea
Shaping settlement development in a good way
Rents have risen much faster than real wages in recent years. Housing should be available primarily for the lower two-thirds of the population’s household income. Promoting affordable housing can make settlement development environmentally and socially compatible and prevent committed families and young people from moving away. Municipalities are involved in the project and encouraged to provide affordable building land or to grant building rights for building land.
The Construction
Systematic Construction
The apartments are built in modular system construction – ecologically exemplary according to the cantonal energy law. High-quality materials ensure good economic efficiency over the entire service life. The objects are built in adaptation to the landscape and surroundings. The serial production of the living space guarantees low construction costs. Economies of scale arise with larger order volumes.
Image: Example Modular Plot
Contribution to Social Housing
The Financing
All parties involved can contribute to affordable housing: land owners provide plots at a reasonable price. Financing partners calculate the financing parameters on the basis of cost rents and provide favorable interest conditions for mortgages. The construction management realizes the construction cost-efficiently and in adequate quality with high set standards. Realistic financing is achieved in each case if at least one third of the residential units are sold per property and the other two thirds are rented out at affordable prices.
Expertise since 2007
Clients
Would you like support with a Social Commitment?
Finomics AG is your partner for projects in the ESG sector. We support qualified companies in planning, structuring, financing and investing their social projects and engagements. Contact us now.
