The commune is a partner of the company SIM “X” The company was established to implement social housing, addressed to people and families who do not own a dwelling and are unable to buy it (lack of creditworthiness), but their stable financial situation allows them to regularly pay a moderate rent. The company carries out residential investments on real estate, which was contributed as an in-kind contribution by Krajowy Zasó Nieruchomości or other partners. The Company does not have any real estate in the area of the commune, therefore, in order to enable the implementation of a residential investment, it is necessary for the commune to contribute the ownership right to an undeveloped land property, designated in the local spatial development plan for multi-family housing development. The value of the property marked as plot no. 1 was estimated by a property appraiser. Therefore, in return for contributing the ownership right to the real estate in question, the Municipality will acquire shares in this Company.
Source: sip.lex.pl