Public housing projects put on hold

11.09.2018 - 11:53
Aktuelt
Public housing projects put on hold
The state will not start work on any new homes for now, says the finance minister.
 
 

Despite the serious housing shortage across the country, public housing projects have been put on hold.

The government is currently drafting the 2019 budget, and according to finance minister Kristina Háfoss, there will be no new state-funded housing projects while the construction industry is as busy as it is.

She added that as the state cannot meet the housing demand on its own, private operators must do all they can to help solve the problem.

Translated by prosa.fo

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