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The institute itself owns a major proportion of the property it manages, [6] and is one of the largest owners of real estate in Germany. [4] It was estimated that within 2011, the Institute for Federal Real Estate would—due to property transfers—own and manage nearly all real estate used by the federal government of Germany. [5]
The Federal Ministry for Housing, Urban Development and Building (German: Bundesministerium für Wohnen, Stadtentwicklung und Bauwesen, pronounced [ˈbʊndəsminɪsˌteːʁiʊm fyːɐ̯ ˈvoːnən ˈʃtatʔɛntˌvɪklʊŋ ʊnt ˈbaʊ̯ˌveːzn̩] ⓘ), abbreviated BMWSB, is a cabinet-level ministry of the Federal Republic of Germany.
These include affordable housing units for sale through public-private partnerships and social housing projects intended for rental, such as Taiwan’s "Social Housing" (社會住宅) initiative. However, there have been recurring concerns about potential collusion between government officials and developers in these new projects.
The company was founded in 1924 and manages more than 42,000 residential apartments and 700 commercial properties. It also owns a further 9,000 residential apartments which are managed by third parties.
A group of people wishing to create a Hausprojekt within the MHS first form a legal association for their future living collective called a Hausverein (lit. 'House association') using the Verein form (abbreviated e. V.) [7]: 349 This provides a legal basis for their collective organization and financing and is a requirement for joining the MHS.
Affordable housing in Germany, also known as social housing, refers to housing that is subsidized by the government to provide affordable rent to low-income households. Social housing is typically owned by the government or by non-profit organizations and is intended to provide decent, affordable housing for those who cannot afford market-rate ...
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The volume also included a proposed law on socialization of housing, drafted by the initiative in 2021. Since federal law in Germany knows no standardized institutional form for socialized land, the initiative in 2023 further conceptualized their model of a public law institution called "Gemeingut Wohnen" that could take over administration of ...