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New forms of financing

For the attention of the municipal council, a package of CHF 115 million was drawn up with four "Housing Loans 2005" for new buildings and renovations: two framework loans for youth housing and non-profit housing developers and two increases in foundation capital.

Furthermore, influence was exerted on the cantonal Housing Promotion Ordinance in order to make rent surcharges for renovations more affordable even for small household incomes. A study clarified the consolidation potential of apartments. At cantonal level, the legal prerequisites for a "fonds de roulement" must be created. Furthermore, a simplification of housing subsidies is imperative.

Contact person

Alfons Sonderegger, Finanzdepartement der Stadt Zürich
Tel. 044 216 32 03

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