Resident-run housing association, social rent flats and flats for disabled people

The Mayor, on behalf of Skarðshlíð Housing Association Ltd. and
The managing director of Modulus Holding Company recently signed a contract
regarding the construction of social rental flats in Skarðshlíð. It is planned to build 12 flats on
the plots at 12 and 16 Hádegisskarð in Skarðshlíð in accordance with the tender specification and are to be returned
fully furnished. There are 6 two-room flats of 50 m² apartments, 4
Three-room, 60 m²² apartments and 2 four-room, 80 m²²
flats, six flats on each plot.

The Municipality of Hafnarfjörður has established a non-profit foundation which builds
on laws concerning social housing which the tenants themselves will eventually have to
to manage, but the municipality will be a party to. The construction cost of the premises is
307.9 million króna, the Housing Finance Fund has approved a foundation grant of 50
millions of kroner and the City of Hafnarfjörður 36.9 million. Rent will cover
of loan repayments, finance charges and running costs of the property but be
However, this is lower than usual, as you only need to take out a loan for 70% of
construction costs. The aim is for the work to begin this summer.

It is clear that the rent will be considerably lower than on the open market.
market. For example, 50 m² an apartment will be let for around
106,500 krónur and in some cases, residents may be entitled to
rent subsidies. Allocation rules are being drawn up, but it is expected that
tenants must meet income threshold requirements, have their legal residence in
Resident in Hafnarfjörður and be over 18 years of age at the time of application. The town's involvement in
The operation of the company is solely concerned with the allocation of tenancy rights, such as when someone
wants to move out. The tenancy is not transferable, but must be surrendered.
tenancy rights to the town, which decides on new tenants. Tenants have
However, priority for renting is for those who wish to increase or decrease their housing after
depending on the family circumstances at the time.

„I encourage people to look into this possibility carefully because I
I believe that here is the answer to the great difficulties that we are grappling with on
on today's rental market. This opens up the possibility for people to get together,
to establish a non-profit organisation, apply for start-up grants and go down that route, and get a permanent
“rented accommodation at a much better price than the market offers today," said
Haraldur L. Haraldsson was the mayor when the contract with the contractor was
signed and praised the Housing Finance Authority for handling this matter well, etc.
good collaboration and by preparing high-quality computational models.

A similar association has been established for the construction and
Operation of a residential unit for disabled people at Arnarhraun and a tender is underway.
Regarding the works.