AB Bostaden is a municipally owned public housing company in
Umeå Municipality
Umeå Municipality (, sme, Ubmi gielda) is a municipality in Västerbotten County in northern Sweden. Its seat is Umeå, which is also the county seat of Västerbotten County.
Administration
The municipality is an administrative entity defined ...
. AB Bostaden is a subsidiary to Umeå kommunföretag AB, which in turn is owned by the Umeå Municipality.
The company has a market share of about 45% of the housing rental market in Umeå
and owns and manages about 15,000 apartments.
History
Many of the apartments owned by AB Bostaden were built between 1965 and 1975 as part of the
Million Programme
The Million Programme ( sv, Miljonprogrammet) was an ambitious public housing program implemented in Sweden between 1965 and 1974 by the governing Swedish Social Democratic Party to ensure the availability of affordable, high quality housing t ...
. In 2010, they estimated that about 4,000 of their older apartments was in need of renovation.
In 2009, AB Bostaden spent about 125 million
SEK on maintenance.
References
External links
AB Bostaden
Companies based in Västerbotten County
Umeå
Housing in Sweden
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