Podcast. Les Voix de l’Eco with Bertrand Serp: “Toulouse Métropole Habitat will build 3,200 housing units by 2026”
Toulouse Métropole Habitat (TMH) has just celebrated its 100th anniversary. Bertrand Serp, its president, details the ambition of the public housing office which houses 40,000 people in the urban area. TMH has just been supported by a participatory loan of € 13.5 million subscribed by the metropolis.
Bertrand Serp has just celebrated alongside Jean-Luc Moudenc, Mayor of Toulouse, the 100th anniversary of Toulouse Métropole Habitat (TMH), which he chairs. The HLM office in the metropolis has just passed the centenary milestone and is innovating to meet the growing needs for social housing in Toulouse. TMH is the largest social landlord in the region with 19,000 housing units, which is home to 40,000 inhabitants and generates € 115 million in turnover for € 18.4 million in profit.
TMH, however, owed its own funds by issuing € 13.5 million in equity securities fully subscribed by Toulouse Métropole. An essential fuel to increase the reform of the construction and the renovation of new social housing which must reach 700 lots per one between 2022 and 2026. Especially since the HLM office has lost 5 M € per one since the so-called “RLS” (reduction of solidarity rent) imposed by the 2019 finance law.
Bertrand Serp also confirmed the willingness of the social landlord to continue selling social housing at the rate of around one hundred sales by 2026 in order to promote social home ownership while increasing equity with the proceeds from sales. .