Affordable housing construction: the Banque des Territoires is mobilizing €100 billion by 2030

The announcement was made on Thursday by Antoine Saintoyant, director of the Banque des territoires and deputy director of the CDC.

A housing crisis exacerbated by rising interest rates

"The housing crisis is severe, and the recovery we had hoped for with stable interest rates is jeopardized," Antoine Saintoyant told AFP. According to him, the war in the Middle East is contributing to renewed inflation and driving up interest rates, further weakening the housing market.

The director of the Banque des territoires believes that the new housing sector will "remain depressed for some time yet", justifying a strengthening of public mechanisms to support property developers and local authorities.

650.000 affordable housing units planned by 2030

The stated objective of the Banque des territoires is ambitious: "to build 650.000 affordable homes by 2030".

This program includes:

• 500.000 social housing units;
• 90.000 intermediate housing units;
• 45.000 homes accessible via the real estate solidarity lease (BRS), a mechanism allowing people to become homeowners at a reduced cost.

To achieve these objectives, the Banque des territoires plans to mobilize approximately 90 billion euros in the form of loans and 10 billion euros in equity, primarily for the benefit of social landlords and local authorities.

"We have territorialized this roadmap by identifying territories where the housing needs are particularly strong," especially in reindustrialization areas, explains Antoine Saintoyant.

The government welcomes a housing finance tool deemed effective

Present at an event organised by the Banque des territoires, the Minister of Housing Vincent Jeanbrun praised this public scheme.

"Abroad, we are cited as an effective lever for the Banque des Territoires. I am extremely proud to have this tool," he said.

This strategy aims to support the supply of affordable housing in areas facing high housing pressure and to support local housing policies.

Converting offices into housing and renovating city centers

Beyond new construction, the Banque des territoires wants to accelerate several complementary levers to address the housing crisis:

• the conversion of vacant offices into housing;
• the renovation of housing in the old city centre;
• support for dilapidated co-owned properties.

The institution is also continuing its investments in student housing. In 2024, it announced a €5 billion plan to create 75.000 student accommodations by 2030.

"More than 27.000 student accommodations have been financed in one year, which is a third of our target," said Antoine Saintoyant.

Furthermore, the Banque des territoires is recording an 80% increase in loans granted for senior housing, representing a total amount of 945 million euros in 2025.

The Banque des territoires is also accelerating its efforts in artificial intelligence.

Alongside its investments in housing, the Banque des territoires is launching a new program called "Territoires d'AI", integrated into the Horizon numérique 2030 plan with 18 billion euros.

The goal is to help local authorities deploy artificial intelligence solutions in their public services.

"The goal is to move from initial experiments to concrete, useful and scalable uses (...) of sovereign artificial intelligence," the institution stated in a press release.

The program includes, in particular:

• supporting 100.000 public employees in the use of AI by 2030;
• the development of 15 "operational use cases" that can be shared between communities;
• a collaboration with the French company Mistral IA.

Among the applications envisaged are the detection of road damage using artificial intelligence or the automated guidance of users in municipal services.

Illustrative image of the article via Depositphotos.com.