MuniFin Green Finance and Liquidity Portfolio Evaluation
50
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MuniFin
Appendix 14
Social Housing model in Finland
FINNISH
GOVERNMENT
Sets policies and action plans on
social housing
Provides funding
Defines tenant selection criteria,
the "ARA criteria".
• Tenants for social rental
dwellings are selected on the
basis of social appropriateness
and financial need. More
detailed criteria include the
urgency of the applicant's
housing need, level of income
and property. Priority is given to
homeless applicants and to
applicants in urgent need of
housing. Income and wealth of
the applicants are also taken
into consideration.
ara
The Housing Finance and
Development Centre of Finland
Governmental agency operating
under the supervision of the
Ministry of the Environment
Implements social housing policy
Grants subsidies, grants and
guarantees for housing.
Controls and supervises the use of
housing stock
Operating principle: Everyone is
entitled to comfortable housing
TO S
heka Setlementti
asunnot
A-Kruunu
Asokodit
Social rental housing can be
produced or acquired by:
ASUNTOSÄÄTIÖ
1. local authorities or other public
corporations
2. corporations that fulfill certain
preconditions laid down in
regulations. These include e.g.
organisations for social housing,
old age and student housing
associations.
3. limited liability companies of
various types in which one or
more of the three organisations
mentioned above have direct
dominant authority.View entire presentation