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Affordable housing for young people and first-time buyers
Description of the action and objectives
Green Deal action
New solutions and ideas in housing issues are important to encourage innovation and development in apartment construction. With the project, Reykjavík City wants ideas to increase the supply of affordable housing for young people and first-time buyers. The plots in question are in Úlfarsárdalur, Kjalarnes, Gufunes, Elliðaárvogur (Bryggjuhverfi), by the The College of Navigation, at the plot of the old Meteorological Office (Veðurstofureitur), and in Skerjafjörður
Implementation period
Planned completion in the second half of 2025
Status: In progress
Status report on January 1, 2023
Construction at Þorpið in Gufunes is nearing completion. Construction work is underway at Hoffell in Gufunes and Urðarsel in Úlfarsárdalur. Plot allocation has taken place at Vatnsholt, where construction is expected to start soon. The next plot allocation will likely occur in Skerjafjörður, along with two plots in Bryggjuhverfi becoming ready for construction by the end of the year. Planning work for Veðurstofuhæð is projected to begin in 2023.
Progress
| Timing | Progress description |
| July 2022 |
Construction is underway in three of nine areas. Plots have been allocated in Gufunes, Úlfarsárdalur, Vatnsholt, and Bryggjuhverfi. The next allocation of land plots is expected to occur in the Bryggjuhverfi district this year, 2022. |
The actions of the Green Deal are linked to Reykjavík City's policies, which include:
Reykjavík City departments:
Related actions
The table below contains actions related to this initiative, and you can access more information by clicking on the "action title" in the table (if you're using your phone, it's better to turn it sideways).
Action
Economic objectives
- 1. Responsible financial management | Green Deal The City's Financial Policy is based on sustainability, stability, predictability, and transparency.
- 2. Dense and mixed development | Green Deal Denser, mixed housing with neighborhood sustainability at its core.
- 3. New employment opportunities of the future | Green Deal Future job opportunities will be based on knowledge, innovation, and sustainability.
- 4. A favorable environment for business and innovation | Green Deal Reykjavík City's goals for developing new premises for the economy by 2030 are good land use, diverse economic life, and business areas for all types of companies of all sizes.