Minister for Social and Affordable Accommodation Roderick Galdes announced the extension of the “Nikru Biex Nassistu” scheme, which has been successful since its launch in 2017.
The scheme, administered by the Housing Authority, invites private individuals to lease multiple properties to provide housing for individuals facing social needs. Currently, the scheme accommodates over 1,000 families.
Landlords who participate in the scheme will benefit from guaranteed rental rates for ten years, six months’ advance rent payment, and tax exemptions on rental payments. The extension was revealed during a press conference in Paola, a locality with over 30 properties involved in the initiative.
Minister Galdes emphasized the scheme’s alignment with the government’s significant investment in social housing to meet the needs of individuals and families in need.
The scheme is part of various initiatives contributing to reducing the waiting list for social housing. Affordable Housing Executive Head Mariella Cutajar affirmed the Housing Authority’s commitment to utilizing such partnerships with the private sector to provide suitable housing for families in need.
#MaltaDaily