Government allocates first funds for affordable rental housing program

The Czech government has released the first CZK 900 million for its affordable rental housing program, Prime Minister Petr Fiala (Civic Democratic Party) announced. The initiative aims to increase housing availability, particularly for young families and essential workers. The State Investment Support Fund will distribute the funds as loans for specific projects. In total, the government plans to allocate CZK 7 billion to the program.