Stiftung für sozialen Wohnungsbau Allschwil

The foundation aims to promote social housing in Allschwil by providing healthy and affordable housing. The apartments are to be rented to families with low incomes and small assets. The rental conditions are to be specified in a regulation to be issued by the foundation board. The foundation board sets the rents based on the self-costs, taking into account economic self-preservation. The foundation refrains from any kind of speculation with land or houses. The purchase of land and the construction of houses may only take place if the funds for financing the individual project are secured.