Italy unveils €10bn plan for 60,000 public homes by 2028

Italian lawmaker Alice Buonguerrieri announced a plan to make 60,000 public housing units available by 2028 to address the country's housing emergency, backed by a €10 billion investment and a new eviction bill. The strategy includes renovating unused public housing with €1.7 billion in available funds plus €4.8 billion from an energy recovery fund, while incentivizing private developers to build 70% of properties at capped prices, reducing costs by at least 33%. The plan also targets the "grey zone" of people who earn too much for subsidies but cannot afford market rents. The eviction bill aims to protect landlords from non-paying tenants, addressing a key barrier to rental supply. At the event, experts noted 650,000 people await public housing, while 8 million homes sit unused and 20,000 are illegally occupied. Tourist rentals account for only 1.8% of Italy's 36 million homes.