Valérie Létard’s reappointment as Minister of Housing has sparked mixed reactions within the housing sector. While her experience is welcomed, her loss of full ministerial status raises concerns about adequate focus on housing issues. Stakeholders express hope for effective policy changes, particularly with new appointments in the Ministry of Economy and Territorial Planning. Létard acknowledges the pressing housing crisis and the need for a strategic work plan, amid calls for immediate action and resources to address the challenges.
Valérie Létard’s Reappointment: A Mixed Blessing for Housing
On Monday, Valérie Létard was reappointed as Minister of Housing within the new government of François Bayrou. Her reappointment comes after successfully garnering support from a majority of stakeholders in the housing sector over the past three months. However, her new role comes with a notable change—she will no longer hold the title of full minister.
Létard’s confirmation has brought joy to the housing and real estate community. The National Federation of Real Estate (Fnaim) expressed their satisfaction, stating, “The confirmation of Valérie Létard in the new government reflects the recognition of her skills and commitment.”
The Challenges Ahead and Sector Reactions
Despite the positive reception, Létard’s appointment is overshadowed by the loss of her full ministerial status, a first since Emmanuel Macron took office in 2017. This shift means she will serve alongside the Minister of Territorial Planning and Decentralization. Loïc Cantin, the president of Fnaim, lamented, “Housing is a vital need and the first item of expenditure for the French: it deserved a full minister,” emphasizing the urgent need for comprehensive solutions to the ongoing housing crisis.
The Ministry of Housing has assured that the status of “minister alongside” will not significantly alter their ability to manage housing affairs, budget control, or participation in cabinet meetings. However, the HLM movement, represented by the Social Union for Habitat (USH), voiced concerns over the diminished focus on urban renewal without an officially assigned portfolio.
On a brighter note, the appointment of Eric Lombard, director of the Caisse des dépôts, to the Ministry of Economy has been welcomed by social landlords. Emmanuelle Cosse, president of USH, highlighted that Lombard’s extensive knowledge of social housing could lead to a positive shift in housing policy. The housing sector also celebrated the selection of former Dijon mayor François Rebsamen to the Ministry of Territorial Planning, with many viewing this duo as a promising combination for the future.
As Létard steps into her role, the housing sector has shown considerable support, praising her understanding of the pressing issues at hand. Olivier Salleron, president of the French Federation of Building, stated, “She knows as well as I do the problems and the economy of construction and housing.” Létard’s first three months were marked by her ability to engage with stakeholders, showcasing her deep understanding of the challenges facing French households and the real estate industry.
While she has been cautious not to make overreaching promises, Létard has committed to championing housing issues, acknowledging the “budgetary reality” that limits immediate solutions. However, Eddie Jacquemart, president of the National Confederation of Housing, insists that it is time for decisive action. “We need to put a serious work plan in place to address the housing crisis, with financial means,” he asserted, signaling the urgency of the situation.