Milan
Milan

Milan

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Population (AI)

1396000

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Last edited
Oct 8, 2024 6:48 PM
Category
Prio-25Prio-10
Local programs

**Milan's Affordable and Sustainable Housing Targets:** 1. **Affordable Housing:** - **L'Innesto Project:** Aims to provide 400 apartments (60% affordable rental, 40% affordable sale) and 300 student housing units, promoting collaborative living and sustainable mobility strategies. - **ARIA Project:** Plans to offer over 1,200 affordable housing units with rents 30% lower than local social housing regulations, integrating intergenerational housing and urban adaptive zones. - **R11 Affordable Housing:** Completed with 103 affordable apartments, emphasizing community spaces and public squares. 2. **Sustainability:** - **Carbon Neutrality:** L'Innesto and ARIA projects focus on achieving carbon neutrality through innovative construction techniques, renewable energy sources, and bioremediation strategies. - **Urban Regeneration:** Projects like ARIA and L'Innesto aim to revitalize underutilized areas, promoting sustainable urban planning and community engagement. 3. **Local and National Collaboration:** - **Funding Mechanisms:** The European Investment Bank (EIB) provides significant funding for social housing projects in Milan, such as the €34 million loan for the Ca’ Granda Fund to refurbish over 200 apartments. - **National and International Programs:** Projects like L'Innesto and ARIA are part of the Reinventing Cities competition, supported by C40 Cities, aligning with national and EU climate goals.

Housing Market

**Summary of Milan's Housing Market:** - **Market Trends:** The housing market in Milan is expected to see a 2% increase in sales prices in 2024, with the average price per square meter reaching almost €5,500. - **Rental Prices:** Rental prices are anticipated to rise, with Florence potentially overtaking Milan as the city with the most expensive rentals. Milan's rental prices are expected to increase to €25 per square meter, while Florence is projected to reach €29 per square meter. - **Housing Units:** Specific data on the total number of housing units in Milan is not provided in the sources. - **Ownership vs. Rental:** Detailed statistics on the number of renters and homeowners in Milan are not available in the provided sources. - **Public, Social, and Cooperative Housing:** The sources do not offer specific information on the roles and market share of public, social, and cooperative housing in Milan. - **Median Prices:** The median price per square meter to buy an apartment in Milan is expected to be around €5,500, while the median rental price per square meter is projected to be €25. **Note:** The provided sources do not include comprehensive data on all aspects of Milan's housing market, particularly regarding the total number of housing units, ownership vs. rental statistics, and the roles of public, social, and cooperative housing.

Further Actors?

In Milan, several individuals and organizations across various sectors could be valuable conversation partners and collaborators for building more affordable and sustainable housing: - **Academic Institutions**: - **Università degli Studi di Milano** and **Politecnico di Milano** could provide research and expertise. - **NGOs**: - **Fondazione Housing Sociale** (involved in projects like Borgo Sostenibile). - **Spazio Aperto Servizi** and **L’albero della vita** (collaborators in social housing projects). - **Local Political Parties and Administration**: - **Giuseppe Sala**, Mayor of Milan, and his administration, focusing on inclusive and sustainable urban development. - **Comune di Milano**, actively promoting affordable housing initiatives. - **Impact Investors**: - **Fondo Immobiliare di Lombardia** (involved in projects like L'Innesto). - **Manufacturers and Construction Companies**: - **Carron Cav. Angelo S.p.A.** (construction company for Borgo Sostenibile). - **TripleWood** (developer of sustainable housing projects like Via Cenni). - **Startups and Real Estate Developers**: - **REDO Sgr** (fund management and housing development for Borgo Sostenibile). - **Arup** (leading the masterplanning of L'Innesto). - **Architecture Firms**: - **RSG s.r.l.** and **arch. Paolo Favole** (architects for Borgo Sostenibile). - **Zaha Hadid Architects** and **C+S Architects** (involved in various architectural competitions and projects). - **Housing Cooperatives**: - **Housing cooperatives** participating in the **C40 Reinventing Cities programme** could offer insights and collaboration opportunities.

Cooperatives

In Milan, housing cooperatives play a crucial role in providing affordable housing solutions, particularly for young people and lower to middle-class families. These cooperatives are non-profit associations that allow members to build or acquire housing at a quality/price ratio similar to or lower than social housing. Key initiatives include: - **Milano 2035 – The Youth Housing Coalition**: A network of 30 public and private entities offering 22 housing projects with 300 places, focusing on affordable housing for young people aged 18-35. - **Foyer di Cenni DAR=CASA Co-Housing**: A co-housing project providing affordable accommodation for young people in an innovative social housing context. - **Consorzio Cooperative Lavoratori di Milano (CCL)**: A cooperative consortium that has built about 15,000 housing units in Milan and its province, emphasizing the cooperative model as a tool to respond to the existing real estate situation. The city promotes cooperative housing through programs such as the Cariplo Foundation’s Welfare in Action programme and partnerships with local institutions. Lighthouse projects include the Cohabitat Lambrate and the redevelopment of the Porta Romana ex railway yard. While specific market share data is not provided, these cooperatives are significant in addressing Milan’s housing affordability challenges.