Housing corporations do have enough money to avoid bankruptcy but many are facing ‘heavier financial pressure’, home affairs minister Piet Hein Donner told MPs on Tuesday.

Housing corporations, which control around one third of the Netherlands’ housing stock, can sell property and development projects in order to boost their financial position, the minister is quoted as saying by Nos television.
The sale of an extra 1,000 houses on top of those already earmarked for sale will generate €100m and measures to improve efficiency will raise a further €600m, Donner said.
Housing corporations argue that the sale of social housing to sitting tenants has fallen off in recent years and they need to make sharp discounts to encourage buyers.
In addition, only 25% of the 10,000 houses built by corporations for sale have actually sold. A further 9,600 homes are currently in development but these have not been sold either.
The Netherlands has some 400 housing corporations which rent out, maintain and manage 2.4 million homes – around one third of the national housing stock.