At last week’s New Year Reception Paul Schonenberg accepted, on behalf of AmCham, a letter from Minister Meisch confirming that AmCham has submitted a formal request for a 75% financial subsidy entitlement for the development of affordable housing in support of our AmCham members.
Schonenberg said “We have been concerned and working on affordable housing for businesspeople for over two years and are very pleased we have succeeded to begin being part of the solution, rather than just complaining about this very serious problem.”
With his letter Minister Meisch has confirmed that AmCham is the first and only non-profit organization in Luxembourg to have taken concrete actions in anticipation of receiving Luxembourg government funding for projects which address the critical need for affordable housing for our employees. Watch this space or engage with us and our Real Estate Committee to learn more.
We were honored Minister Meisch said in his remarks; “We are looking forward to enhancing constructive dialogue with AmCham to explore how this initiative can become reality. Thank you for leading by example, for showing how the private sector can play a pivotal role in creating solutions that benefit not only business but also the entire community. Your efforts embody the kind of partnership that is essential for addressing the challenges of today and building a brighter tomorrow.”
