Program: renting for sublease with320 affordable rental agreements

The government today presented the "Rental for Subletting" program, which offers affordable rental prices for properties from various public and private organizations, including through partnerships with real estate agencies. This program, conducted by the Institute of Housing Construction and Reconstruction (IHRU) in partnership with the state company ESTAMO, is designed for renting a set of properties and subsequently subletting them to families at affordable prices. Priority for the allocation of these housing units is given to single-income families, young people under 35, or anyone who has experienced a decrease in income of more than 20%.

Today, the first protocols were signed, which will allow for the conclusion and execution of 320 rental agreements for affordable housing available on the market for subletting at reasonable prices. The "Rental for Subletting" program is one of the initiatives included in the "More Housing" package aimed at increasing the number of residential units in the rental market with government guarantees, as IHRU makes monthly rent payments to property owners while also maintaining living conditions. These contracts provide for tax benefits (full exemption from personal income tax or corporate profit tax), provided that the rent does not exceed the overall price limits based on property type and depending on the municipality where the property is located.

The rental regime rules for subleasing are part of the "More Housing" package and are as follows:

• How does this work?The government offers voluntary rental of vacant and ready-to-live-in houses to private individuals.