During a press conference, Minister for Social and Affordable Accommodation Roderick Galdes revealed that over the past two months, a notable number of property owners have participated in the innovative government subleasing initiative, “Nikru biex Nassistu,” leasing out more than 100 apartments.
Through this scheme property owners rent their property to the Housing Authority in order to be used for social and affordable housing. Minister Galdes emphasized that by repurposing existing private and vacant properties for social and affordable housing, the initiative not only expands housing availability and accessibility but also revitalizes the local economy.
Minister Galdes also revealed that since the implementation of the “Nikru Biex Nassistu,” scheme more than 350 private owners have rented out over 1,000 apartments, now serving as social and affordable housing.
Minister Galdes concluded by attributing the success of the scheme to the government’s forward think and innovative ideas, stating that “Our vision is founded on motivation and social justice whilst ensuring the wellbeing of families,”
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