Supreme Audit Office: State funds spent to mitigate housing problems ineffective

Although the state administration spends billions of crowns on housing support, the effect on the housing market is marginal, according to the results of an audit conducted by the Supreme Audit Office. According to the audit, the state has failed in addressing persistent problems in housing policy, especially the availability and quality of housing. The office audited state funds spent by the Ministry of Regional Development and the State Fund for Investment Support between 2016 and 2021. Together the two institutions spent a total of CZK 13.9 billion on more than more than 4,500 projects.