with the Loc’Advantages system, renting for less reduces your taxes

After years of hardship and instability to find accommodation, Fanta Touré-Coulibaly moved with her children into a 62 square meter apartment in the western suburbs of Paris. For this private accommodation, she pays twice as much as the neighbors: 700 euros plus charges. It’s unexpected for this mother who earns the Smic. The owner adheres to the Loc’Avantages system. By agreeing to lower the rent to rent to people with modest incomes for at least six years, he benefits from a tax reduction.

It is possible to go further by entrusting your property to a real estate agency with a social vocation. “I don’t have the risk of non-payment and I still have the personal satisfaction of having managed to house someone who needed it”, says Edith Castillon-Boury who took this step. The agency takes care of everything and allows you to have up to 65% tax reduction. With this new system, the National Housing Agency hopes to reach 20,000 social housing units each year. Today, more than 2 million households are waiting for public housing.