EU-backed project brings social housing back to Budapest

Budapest is reviving its social housing program with the conversion of a former school into new affordable homes, funded by the EU to tackle the city's housing crunch. This initiative marks the first new social housing in 25 years, signaling a significant step in addressing Budapest's growing need for affordable living options. The project not only alleviates immediate housing pressures but also sets a precedent for future EU-backed urban development initiatives across Europe, highlighting the importance of sustainable and inclusive urban planning.