Rentrée du gouvernement : « Le logement est notre priorité numéro 1 »

Monaco Hebdo, a leading Monaco‑based news outlet, published an article authored by Mélicia Poitiers analysing the government’s 2027 housing agenda announced in September 2026. The piece details the prioritisation of housing within the national budget, the scale of planned investments, and related policy measures aimed at expanding sustainable, state‑provided homes.

The government earmarks nearly €280 million for housing in the 2027 budget, representing about 15 % of total public financing. By the end of 2025, €1.32 billion had already been spent on the national housing plan (PNL), bringing the cumulative cost to approximately €2.11 billion for an estimated 990 dwellings – an average of €2.14 million per unit. The existing domanial stock comprises 4 380 homes, roughly 20 % of Monaco’s total housing stock, and currently houses about 62 % of residents, a figure the government aims to raise to 65 %.

Five major construction projects are underway:

• “Bel Air” – 223 homes (135 net after dationnaires)
• “Larvotto Supérieur” – 35 homes
• “La Luciole” – 27 homes
• “Hector Otto” – 76‑90 homes
• “Villas Les Lierres / Nathalie” – 60 homes (48 net) These developments will increase the supply of state‑owned, energy‑efficient residences, contributing to Monaco’s broader sustainability goals.

Beyond new builds, the government plans to accelerate the allocation of existing homes. A new information system will raise the number of allocation commissions from one to three per year by 2028, aiming to reduce vacancy. In 2026, 156 homes were allocated to 349 applicants. An additional €3 million is slated for renovating apartments, potentially releasing another 200 homes to the market. A €10 000 moving‑grant scheme encourages residential mobility and efficient use of the existing stock.

The article also outlines a forthcoming law on facial‑recognition technology, restricting biometric processing to public spaces and serious criminal investigations, with a 30‑day data‑retention limit (extendable for active cases). Oversight will be provided by the Autorité de protection des données personnelles (APDP), ensuring that security enhancements do not compromise privacy.

The government will boost internal security personnel and modernise the rail network, allocating funds for new train sets and the European Rail Traffic Management System (ERTMS) from 2028, favouring rail over a costly cross‑border metro project. These transport improvements support sustainable urban mobility, reducing reliance on private vehicles.

Projected revenues for 2027 stand at €2.193 billion, a slight decline from 2026, while expenditures are forecast at €2.158 billion. The administration aims to curb operating costs, particularly wage bills, and to adopt multi‑year investment planning with full‑cost accounting for each project.

Other highlighted programmes include a €4.4 million upgrade of the Fontvieille commercial centre, a comprehensive waste‑treatment and water‑recycling facility handling 35 000 tonnes of waste annually, and efforts to exit the FATF “grey list” by October 2026. These measures demonstrate Monaco’s commitment to environmental sustainability alongside its housing strategy.