Brussels Social Housing Faces Default as Government Fails to Refinance SLRB
July 17, 2025
On July 17, 2025, the Brussels government failed to reach an agreement on refinancing the public social housing company, SLRB, which now faces the risk of defaulting on its payments as early as September.
This failure follows an initial warning issued in June 2025, and now the SLRB is preparing to escalate the issue through legal action via a law firm.
Since January 2025, the SLRB has been operating without a proper budget, which has led to severe financial difficulties.
During a last-minute meeting before the summer break, ministers were unable to find a solution for the SLRB's refinancing, prompting the organization to issue a second formal demand to the Region, its sole shareholder.
The financial instability of the SLRB underscores broader issues within the Brussels Region's public sector, which is also struggling due to the lack of an approved budget.
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