Nicosia, Cyprus. Cyprus’ interior ministry said on Wednesday that housing has been one of the government’s top priorities since taking office, responding to criticism from opposition party Democratic Rally (Disy) that measures to address the housing crisis have been inadequate.
The ministry said the housing problem cannot be solved overnight and requires coordinated policies, investment, reforms and continuous adaptation to changing conditions.
Government response to criticism
In a statement, the interior ministry said the government fully recognises the difficulties faced by thousands of residents, particularly young people, in securing their own home.
It said the government’s comprehensive housing strategy, implemented over the past two years, is based on two main pillars: increasing the supply of housing and strengthening citizens’ ability to access affordable accommodation.
Housing strategy and implementation
According to the ministry, the housing policy was designed and is being implemented on the basis of technical and economic studies, dialogue with market stakeholders and the need to maintain economic stability.
The ministry added that the measures currently being implemented go beyond the proposals put forward by Disy.
Fast-track licensing and new housing supply
Among the measures highlighted was the reduction of bureaucracy and delays through the introduction of fast-track licensing procedures.
The ministry said around 10,000 residential units have already been approved and are expected to be built one to two years earlier than would otherwise have been possible.
It also pointed to a 45 per cent increase in building density through planning incentive schemes and the Build to Rent programme.
According to the ministry, these projects are expected to add about 2,500 new homes to the market in the coming years, including around 400 units designated as affordable housing.
Grant schemes
The ministry said more than 1,400 individuals and families have either received or are expected to receive grants through housing schemes aimed at people under the age of 41 and residents of remote and mountainous areas.
It added that the recent decision to expand the number of beneficiaries under the housing grant scheme for young people and young families under 41, increasing the number from 400 initially envisaged to around 700, demonstrates the government’s commitment to addressing real social needs.
