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Housing Finance and Development Centre of Finland

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Housing Finance and Development Centre of Finland
Asumisen rahoitus- ja kehittämiskeskus
AbbreviationARA
FormationJanuary 1, 2008; 16 years ago (2008-01-01)
TypeGovernmental
PurposeImplementation of government housing policy
Location
Coordinates60°59′15″N 25°39′42″E / 60.9876°N 25.6618°E / 60.9876; 25.6618
Staff (2023)
100
Websitewww.ara.fi/fi-FI

The Housing Finance and Development Centre of Finland (abbr. ARA, Finnish: Asumisen rahoitus- ja kehittämiskeskus) is a Finish government agency within the jurisdiction of the Finnish Ministry of the Environment, responsible for implementing state housing policy.[1][2]

ARA's tasks include granting subsidies, support, and guarantees related to housing and construction. Additionally, ARA directs and supervises the use of ARA housing stock and is involved in projects related to housing development and expertise in the housing market. ARA collects, analyzes, and disseminates information about the housing market and maintains industry networking and information services.[1]

History

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In the late 1940s, after the Continuation War, the Arava system was established for financing housing construction. In 1966, Arava's tasks were transferred to the Finnish Housing Fund, and with its abolition in 1993 to the State Housing Fund.[3]

ARA was established in its current form on January 1, 2008. As part of the latest agency reform, ARA transitioned from a state housing finance-oriented organization to a body supporting development activities and communication in the construction sector. In a decentralization program of the government, ARA was relocated from Helsinki's Pasila to Lahti on July 1, 2008, based on a decision made in 2005.

Tasks and Activities

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ARA's tasks include:[4]

  • Developing sustainable, high-quality, and affordable housing;
  • Improving housing conditions for low- and middle-income households and special groups;
  • Directing and supervising the use of publicly beneficial housing communities and the ARA housing stock;[5]
  • Developing existing housing stock and residential environments;
  • Promoting, utilizing, and disseminating development activities and research related to housing conditions;
  • Collecting, analyzing, and disseminating housing market information;
  • Maintaining the energy performance certificate register (register of qualified energy performance certificate issuers);[6][7]
  • Granting renovation subsidies.[8]

Organisation

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ARA is led by Director General Hannu Rossilahti. The agency employs about 100 staff. The activities of the agency are guided by a board appointed by the Council of State.[9]

See also

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References

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  1. ^ a b "ARA toimeenpanee valtion asuntopolitiikkaa". ARA. Archived from the original on 25 March 2016. Retrieved 31 March 2016.
  2. ^ "ARA - Housing Finance & Development Centre of Finland". Housing2030. Retrieved 2024-02-28.
  3. ^ "Hyvää asumista ajan haasteet huomioiden". ARA. Archived from the original on 1 April 2016. Retrieved 31 March 2016.
  4. ^ "ARAn tehtävät". www.ara.fi (in Finnish). Archived from the original on 2016-11-07. Retrieved 2017-04-19.
  5. ^ "ARA ohjaa ja valvoo". www.ara.fi (in Finnish). Archived from the original on 2017-05-02. Retrieved 2017-04-19.
  6. ^ "Energiatodistusrekisteri". www.energiatodistusrekisteri.fi (in Finnish). Archived from the original on 2017-04-20. Retrieved 2017-04-19.
  7. ^ "Rakennusten energiatodistus". www.ara.fi (in Finnish). Retrieved 2024-02-28.
  8. ^ "Korjausavustukset". www.ara.fi (in Finnish). Archived from the original on 2017-04-20. Retrieved 2017-04-19.
  9. ^ "ARAn organisaatio". www.ara.fi (in Finnish). Archived from the original on 2017-04-20. Retrieved 2017-04-19.
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