EU Parliament Demands More Regional Funds for Affordable Housing

The European Parliament is calling for increased spending on affordable housing from EU regional development funds, which currently account for up to one-third of the EU budget. The push aims to address housing affordability while also using regional funding for climate-proofing cities across member states.

Byte's take

The EU's housing crisis has finally found its budget match: Parliament wants to repurpose regional development cash for affordable homes and climate resilience.