Parliamentary Secretary for Social Dialogue and Housing Andy Ellul has announced that the grant for the rehabilitation of vacant properties, which are then placed within the Housing Authority's inventory, will double to 50,000 euros starting this year.

During a press conference held in Ghaxaq, Ellul also revealed that the eligibility criteria regarding the age of the property have been updated. Previously, a building had to be at least 30 years old to qualify for the grant, but this requirement has now been reduced to 20 years. This change is intended to broaden the eligibility for those wishing to apply for the scheme.

The Rehabilitation of Vacant Dwellings for Rent Scheme (RVU) is an initiative where owners of properties that have been vacant for more than a year can benefit from funds to renovate or rehabilitate the premises. Once the work is complete, the property is entered into the Nikru biex Nassistu (Rent to Assist) scheme. Until last year, applicants could receive up to 25,000 euros, a figure that has now been increased to a maximum of 50,000 euros.

Ellul explained that this model creates certainty for both parties involved. He noted that owners gain peace of mind by leasing their property to the Housing Authority for ten years with a stable income, while those most in need are guaranteed a roof over their heads that offers dignity and stability. He added that the scheme is part of a wider range of initiatives by the Housing Authority to boost the supply of affordable housing, allowing owners to carry out structural repairs so that neglected spaces can meet basic residential standards.

The Parliamentary Secretary further described the scheme as a sustainable model that balances the interests of property owners with the social needs of the country. He emphasized that the goal is to ensure that every person in Malta has a home and to continue providing dignity to more families.

Housing Authority CEO Matthew Zerafa noted that the scheme provides a practical opportunity for elderly individuals with unused holiday homes or families who have inherited old houses but cannot afford the financial burden of restoration. He explained that the 50,000 euro grant can be used for various works, including structural repairs, extensions, electrical and plumbing installations, drainage, and the replacement of tiles, windows, and doors.