EU Plots Housing Power Grab With New Commissioner Role
19th July 2024
Fresh from her re-election campaign, Commission President Ursula von der Leyen outlined plans for a new EU Housing Commissioner at a plenary session in Strasbourg on Thursday.
In a classic example of EU overreach, von der Leyen described how Brussels would develop a “European Affordable Housing Plan, to look at all the drivers of the crisis and to help unlock the private and public investment needed,” and that bureaucrats would create a new Housing Commissioner to administer the task.
While von der Leyen was short on details, pundits believe that the EU will direct additional funding to so-called ‘cohesion funds’ originally meant for underdeveloped member states. This funding will support the housing project, and the European Investment Bank will launch a new tool to attract more public and private funding for building projects.