Actions to renovate and rehabilitate social housing over 20 years old in the five overseas departments will be supported by a tax credit “which will counterbalance, for social landlords, the additional costs of construction in overseas territories and will accelerate their investment in improving housing”, announced the Ministry of Overseas at the beginning of August.
To be eligible, the work must enable the housing to acquire technical performance, energy and environmental costs similar to those of new housing, or aim to strengthen them against seismic and cyclonic risks. In order to encourage these projects, a transitional measure, lasting one year, will temporarily facilitate access for social landlords to this system, by allowing them to benefit from the tax credit if they respect a reduced number of conditions.
