GBV
Österreichischer Verband Gemeinnütziger Bauvereinigungen - Revisionsverband
Bösendorferstrasse 7
1010 WIEN
Tel: +43 01 505 5824
Fax: +43 01 505 5824 720
E-Mail: verband@gbv.at
President - Dr. Klaus Baringer
Chief Executive - Mag. Alois Feichtinger
International Relations: Mag. Christian Krainer, Dr. Bernd Rießland
Year of foundation: 1946
Members: 182
Dwellings managed for rent (2021): 681.700
New constructions for year (2021): 16.800
Investment in Building (2021): 3.730 Mio €
The Austrian Federation of Limited-Profit Housing Associations (GBV) functions as compulsory audit organization for its members as well as interest representation body. Its members are 182 housing providers all over Austria; 97 of the members are constituted as cooperatives the other 85 as capital societies with a broad scope of shareholders (public authorities, bodies if interest representation such as unions, private business enterprises). The Limited-Profit Housing Act determines the performance of the Austrian Limited-Profit Housing Associations irrespective of type of organization.
The oldest housing associations have been founded around the turn of the 19th/20th century. Since then the associations have been responsible for the construction of more than 1.000.000 dwellings. Today they own /manage 681.700 rented dwellings and manage 289.400 owner-occupied dwellings as well as 38.000 dwellings in municipality housing. 46% of this stock is run by cooperatives. This stock represents about a fifth of the total Austrian housing stock and about 40 percent of multi-family housing.
The majority of this stock has been financed with assistance of public funds; thus public funding is one of the biggest issues of the Austrian Federation of Limited-Profit Housing Associations. As the responsibility for public funding lies at the nine federal provinces the respective local authorities are one of the most important partners for limited-profit housing in Austria.
Folder: LIMITED-PROFIT HOUSING ASSOCIATIONS IN AUSTRIA
Article: Austria’s limited-profit housing system as role model in the OECD
Article: OECD reports highlight the role of the Social Economy as affordable housing provider
Summary: THE ECONOMIC IMPACTS OF LIMITED-PROFIT HOUSING ASSOCIATIONS IN AUSTRIA
Summary: The Price Dampening Effect of Non-profit Housing
CIRIEC Working Paper: The system of limited-profit housing in Austria: cost-rents, revolving funds, and economic impacts by Gerald KOESSL CIRIEC No. 2022/04
CIRIEC Working Paper: HOUSING BONDS AND THEIR ROLE FOR LIMITED-PROFIT HOUSING ASSOCIATIONS IN AUSTRIA.