Parliamentary Secretary for Social Dialogue and Accommodation, Dr Andy Ellul announced that as of this year, the grant linked to the rehabilitation of vacant dwellings, which are subsequently incorporated into the inventory of the Housing Authority, will double to €50,000.
Dr Ellul also announced that the eligibility criteria for the grant have been revised: whereas previously the property had to be at least 30 years old to qualify, properties that have been built for 20 years can now qualify for the grant. “In this way we are broadening the eligibility for who can apply for this scheme,” explained Dr Ellul.
The Rehabilitation of Vacant Dwellings for Rent Scheme (RVU) is an initiative where an individual owning a property that has been vacant for more than a year can benefit from funds to repair or rehabilitate this property. Once the rehabilitation works are completed, the property is then placed on the ‘Nikru biex Nassistu’ scheme. By last year, each applicant received up to €25,000, however this year the grant has been doubled to a maximum of €50,000.
During a press conference held in Ħal Għaxaq, where changes to this scheme were announced, Parliamentary Secretary Dr Ellul explained how this model is creating certainty for both parties involved. He noted that, on the owner’s side, there is reassurance through a ten-year rental agreement with the Housing Authority that ensures stable income. At the same time, for those most in need, the scheme provides a secure roof over their heads, offering dignity and stability.
Dr Ellul also stated that this scheme forms part of a wider portfolio of initiatives offered by the Housing Authority aimed at increasing the supply of affordable housing. “Through this scheme for property owners, structural repair works can be carried out to restore vacant and abandoned properties to a decent and habitable standard for residential use.”
Dr Ellul added that the changes to this scheme form part of a wider system of social housing. “This scheme is a sustainable model that combines the interests of property owners with the efficient use of property, while addressing the country’s social needs,” said Dr Ellul. “Through this initiative, we can continue to provide dignity to more people and more families and ensure that every person in Malta has a roof over their head.”
For his part, the Chief Executive Officer of the Housing Authority, Matthew Zerafa, explained that “through this scheme an opportunity is being offered to elderly individuals who own a holiday home and wish to make better use of it, as well as to families who have inherited an old property that remained vacant due to the financial burden of its restoration.” Mr Zerafa added that the €50,000 grant may be used to cover a range of works, including structural repairs, necessary alterations or extensions, electrical, plumbing and drainage works, as well as the repair or replacement of tiles, apertures and doors, among others.