Cabinet approves revised housing plans for remote areas

07:54 - 30 May 2024

Economy

The Council of Ministers has approved revised housing plans for the revitalisation of remote, mountainous, and disadvantaged areas as well as certain rural areas, along with allowances to support the residents of mountainous and remote areas.

In statements to journalists after the Cabinet meeting, Interior Minister Constantinos Ioannou said that the plans concern housing schemes to provide financial support for the acquisition of housing in mountainous or disadvantaged areas and specific rural areas, which were implemented "with great success by the previous government in 2019".

He said that from the start of their implementation until today, 1,500 applications have been approved corresponding to financial aid of €55 million, while approximately 14,000 eligible households, corresponding to 29,500 people, have benefited in 2023 with a total value of €7.5 million.

Ioannou noted that despite the very encouraging response of citizens and the amendments in previous years, the Ministry has received many suggestions and proposals to improve the schemes in a way that maximises the benefit for the beneficiaries and solves problems that have become apparent over time. And so it decided, following consultations, to make further changes so that more people can benefit and to make them more attractive to citizens. The plan is being extended until December 31, 2025 and is being converted into a two-year scheme to give those interested enough time to secure the necessary planning and building permits that are required for the applications.

(Source: CNA)

Cabinet approves revised housing plans for remote areas

News Feed

Read More