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Solving problems on ground - Riga, Latvia

Housing policy in Latvia is one of the most liberal kinds. Its agenda in Latvia is to finish the process of housing privatization, facilitation of energy efficiency, and most recent is to promote rental housing in the municipalities. Housing policy is to a large extent a duty of the State level Ministry of Economy officials; they decide the priorities and major sources of finance. There are more passive players on the state level as well, such as Ministry of Justice. The latter state player is responsible for Court System and all legal processes which are related to property claims and conflicts. Also, the funding which is currently available—EU structural funds for energy efficiency retrofits—are managed by state agency “Investment and development Agency”.

 
Mobilizing vacant private dwellings towards the affordable rental market “Borsa de Lloguer & Hàbitat 3” - Barcelona, Spain

These two initiatives allow for the mobilization of vacant private housing units towards affordable rental housing. Borsa de Lloguer is a mediation program by which the City offers landlords a rental income insurance, a residential multi-risk insurance, as well as support to make renovations in their units in exchange for rent caps for a certain period of time. Hàbitat 3 is a non-profit organization that manages rental units whose use has been temporarily signed over to the City in exchange for certain upgrades. Beneficiaries should be registered as Applicants of Social Housing in Barcelona Municipality which involve criteria related with income limitations or viability and sustainability of households’ applicants among others.

 
Is the Local framework suitable to foster employment?

The local framework is key when it comes to fostering jobs and skill in the local economy; however, it has some limits. Policy-makers must bear in mind both assets and limits if they want to carry out appropriate policies.