The 6.5 Billion Euro Plan for Greece’s Housing Crisis

In a coordinated effort to address a worsening housing crisis, the Greek government is pushing forward its flagship tool: the National Housing Policy Strategy 2026-2035. This is the first unified, decade-long plan designed to end the fragmentation of responsibilities and the piecemeal nature of past interventions.

The ambitious plan, with a total budget of 6.5 billion euros, encompasses 50 measures in all — 14 newly proposed and 36 already launched or in progress. Funding for this massive program is secured through a mix of sources, including EU structural funds (ESPA), the Recovery Fund, the European Investment Bank, national appropriations, commercial banks, and new European resources.

The plan is built around three central pillars: increasing the supply of available properties on the market, providing immediate relief to households struggling under the weight of housing costs, and continuously monitoring the effectiveness of the measures through digital tools.