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Archive: August 2021 (1 Post)

The picture shows a row of houses inside the Fuggerei.

500-Year Anniversary of the Fuggerei – the Oldest Social Housing Complex in the World

Posted by: Jenny Gesley

This blog post describes the "Fuggerei" in Augsburg, Germany - the oldest existing social housing complex in the world. The Fuggerei was established on August 23, 1521 by Jakob Fugger "the Rich," a wealthy merchant. In order to be eligible for housing, a person must be Catholic, needy, respectable, and a citizen of Augsburg. The yearly rent is Euros 0.88.