Affordable rental housing: EUR 90 million Czech State aid scheme approved under the Recovery and Resilience Facility
Today, the European Commission (Commission) has approved a EUR 90 million Czech scheme, funded by the Recovery and Resilience Facility (RFF), to support construction, renovation, and acquisition of affordable rental housing.
The scheme will be granted in the form of subordinated loans and run until 30 June 2026. It aims to increase the supply of rental housing that the market would not provide on its own, targeting households with limited funds, young families, essential workers (e.g., healthcare, education, public security, and social services), and victims of domestic abuse.
Additionally, the Commission has approved an amendment to the existing Czech scheme on affordable rental housing, approved in April 2024, to align its conditions with those of the newly approved scheme. The Commission approved the scheme under Article 107(3) (c) Treaty of the Functioning of the European Union (TFEU), finding it was necessary and appropriate to foster the supply of affordable rental housing. Moreover, it was considered proportionate and having a limited impact on competition and trade between Member States.
For more information, see the Commission’s PR.