Vienna is investing 2.8 billion euros in 22,200 new apartments!

Vienna is investing 2.8 billion euros in 22,200 new apartments!

A lot is happening in residential construction in Vienna: with an impressive investment of 2.8 billion euros, a total of 22,200 subsidized apartments are to be built by 2026. This major project is part of the “Housing Offensive 2024+” initiative, which was launched in response to the pressing housing shortage and high market prices. Loud boerse-express.com 16,100 of these apartments are already being planned, built or prepared, while around 6,100 are to be awarded through property developer competitions. This also makes a major contribution to the creation of over 50,000 jobs, which strengthens the city's economy and acts as an economic engine.

An exciting detail of this offensive is that the new construction projects must meet strict sustainability standards. We are looking for resource-saving construction, green facades, alternative energy solutions and a comprehensive circular economy. Vienna not only wants to create modern living space, but also act in an environmentally conscious manner.

Flexible housing allocation from May 2025

From May 1, 2025, there will be a reorganization of housing allocation in Vienna. The city thus remains a pioneer in social housing and pursues the goal of creating more social justice and flexibility. Previously, those looking for accommodation had to be registered at the same address for at least two years; In the future, a main residence in Vienna will be sufficient, no matter how often you have moved. This is particularly beneficial for young people in shared apartments and people who have to change their place of residence frequently. wien.gv.at reports on a new award category for working households with housing cost problems who benefit from the “New Housing Aid”. These measures are intended to significantly increase the chances of obtaining subsidized housing.

The new flexible points system replaces the previous rigid award criteria and takes individual life situations into account. Factors such as family growth or need for care are taken into account in the award process. The aim is to give particularly vulnerable groups, such as the homeless, a fair chance at a new home. Social organizations are already demanding a say in the development of this points system to ensure that all needs are taken into account.

Vienna as a model for future forms of living

Vienna sees itself not only as a pioneer in social housing, but also as a place of innovation. Projects like “The Vienna Model. Housing for the City of the 21st Century” aim to significantly increase the quality of living in the metropolis. The focus is on urban and social aspects, complemented by art in public spaces. These initiatives show that Vienna wants to continue to be an inspiring example of modern urban development and social housing in the future. vienna-model.at emphasizes that with well-considered concepts a high quality of life can be achieved in the city.

In summary, Vienna is tackling the housing crisis and is focusing on modern, sustainable solutions that meet the needs of its population. With a well-thought-out mix of new building projects and a flexible procurement policy, the city is creating the conditions for future-proof living in the Danube metropolis.