Philenews

European Action Plan for Affordable Housing – Supporting Young People and Families in Cyprus

Published March 11, 2026, 09:13
European Action Plan for Affordable Housing – Supporting Young People and Families in Cyprus

The European Parliament has adopted a comprehensive action plan to address the housing crisis in Europe, with 367 votes in favor. The plan aims to increase housing supply, reduce prices, and protect vulnerable households. MEP Michalis Hadjipantela emphasized the importance of supporting young people and families, as well as the need for access to affordable housing, especially in small countries like Cyprus. Key points of the plan include increasing housing supply, tax incentives, support for social housing, and protection for tenants.