Foncière de la Ville de Paris

What Foncière de la Ville de Paris does

Foncière de la Ville de Paris (FDVP) is a non-profit Groupement d'Intérêt Public (GIP) established in 2019 at the initiative of the Ville de Paris and approved by the French State as an Organisme de Foncier Solidaire (OFS). It is jointly governed by the City of Paris and three social housing operators — Paris Habitat, RIVP, and Elogie-Siemp — under a 10-member assembly presided by Jacques Baudrier, with Sophie Lecoq as Directrice. The organization implements the Bail Réel Solidaire (BRS) mechanism, separating land ownership from building rights to deliver homeownership to middle-income Paris households at approximately 5,000 €/m² (versus ~10,000–10,500 €/m² market price), with a uniform monthly land charge (redevance foncière) of 2.65 €/m² SHAB indexed to the IRL, a 99-year renewable bail, capped resale prices, and eligibility for the Prêt à Taux Zéro and a reduced 5.5% VAT.

FDVP commercializes housing directly through its own online candidate platform, with no intermediaries; buyers pass an eligibility test (income ceilings, primary residence requirement) and are selected via a standardized scoring grid. The active pipeline covers 29 operations totaling 1,046 homes across multiple Paris arrondissements (4th, 13th, 14th, 15th, 18th, 19th, 20th), including new-build, rehabilitation, and office-to-residential conversion projects. In 2024, FDVP commercialized 4 operations (156 homes); from September 2025 it opened 230+ additional homes, with further commercializations scheduled through 2027 and deliveries extending into 2029. Operational delivery is supported by urban development partners (Paris & Métropole Aménagement, Espaces Ferroviaires, SEMAPA) and a network of six banking partners plus Action Logement Services and Crédit Social des Fonctionnaires, which provide BRS-tailored financing and, in some cases, demand-generation support (e.g., a 5% scoring bonus for candidates using CSF for financial simulation).

The organization operates with a small team of approximately 8 employees, supplemented by external service providers (e.g., Soliha for dossier verification) and is actively recruiting a Responsable Administratif et Financier to scale financial administration. Outreach combines owned digital channels (website, blog, commercialization alerts), webinars, in-person public meetings at arrondissement town halls, and earned media coverage in national and regional press. FDVP is a public-purpose entity with no equity, no funding rounds, and no disclosed revenue; its economic activity is the recycling of BRS sale proceeds into new land acquisition and the accumulation of recurring land charge revenue tied to its growing portfolio of occupied units.

Name

Foncière de la Ville de Paris

Legal name

Foncière de la Ville de Paris

Website

https://fonciere-ville-paris.fr

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Short description

Foncière de la Ville de Paris is a non-profit public GIP (est. 2019) implementing the Bail Réel Solidaire mechanism to deliver homeownership at ~5,000 €/m² to middle-income Paris households, managing 29 operations and 1,046 BRS homes across the city.

Ownership category

akta.pro rank

Product category

Affordable Housing / Social Homeownership

NAICS

Residential Property Managers (531311), Lessors of Residential Buildings and Dwellings (53111)

SIC

Real Estate Agents & Managers (For Others) (6531), Real Estate Operators (No Developers) & Lessors (6510), Lessors Of Real Property, Nec (6519)

akta.pro primary industry

Affordable Rental & Multifamily Housing Finance Programs (LIHTC/Tax Credits/Subsidized Loans) (FSALAKAF)

akta.pro secondary industries

Affordable & Subsidized Housing Property Management (LIHTC, Section 8) (BPAJAFAD), State & Local Housing Finance Agencies (HFAs) (FSALAKAA), Multifamily Apartment Property Management (BPAJAFAA)

Keywords

• Affordable housing
• Social homeownership
• Real estate services
• Land trust management
• Housing accessibility

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Others

Revenue model

1. Land charge (redevance foncière): Monthly land charge paid by BRS property owners for occupation of the land owned by the OFS. Set at 2.65 €/m² SHAB per month (2025 rate), indexed annually to the Indice de Référence des Loyers (IRL).
2. Property sales (vente de logements): One-time sale of housing units to eligible BRS buyers at approximately 5,000 €/m². The organization retains land ownership; buyers acquire building rights for 99 years.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

The Foncière de la Ville de Paris enables affordable homeownership in Paris through the Bail Réel Solidaire (BRS) mechanism by permanently separating land ownership (retained by the OFS) from building ownership (transferred to eligible buyers for 99-year renewable periods). It acquires land across Paris, partners with social housing operators as developers, and sells BRS housing units directly to eligible middle-income households at approximately 5,000 €/m² — about 40-50% of open market prices — while collecting a recurring monthly land charge (redevance foncière) of 2.65 €/m² SHAB indexed annually to the IRL.

Product overview

Foncière de la Ville de Paris operates as an Organisme de Foncier Solidaire (OFS) offering affordable housing through the Bail Réel Solidaire (BRS) system. The company manages a portfolio of approximately 29 operations representing 1,046 dwellings across Paris. The core product is the BRS system, which enables middle-income households to purchase dwellings at approximately 5,000€/m² (vs. ~10,000€/m² market prices) by separating land ownership from building ownership. The company operates an online candidate platform for applications, educational webinars, and maintains banking partnerships to facilitate financing. The product portfolio includes 30+ named development operations across Paris arrondissements (4th, 13th, 14th, 15th, 18th, 19th, 20th), ranging from 3 to 168 dwellings each, with commercialization dates from 2025 to 2027 and deliveries from 2027 to 2029.

Differentiator

Problem solved

Functional benefit

Products and services

• Bail Réel Solidaire (BRS) A social property acquisition system that allows households to become homeowners by purchasing their dwelling while the land remains owned by the Foncière de la Ville de Paris. This mechanism reduces housing prices to approximately 5,000 €/m² (compared to ~10,000-10,500 €/m² market prices), enabling middle-income households to access property ownership in Paris. Buyers acquire building rights for 99-year renewable periods; the FDVP retains perpetual land ownership.
• Plateforme de Candidature en Ligne

Quantifiable outcome

• Reduces housing purchase price by approximately 50% vs. open market (~5,000 €/m² vs. ~10,000 €/m² in Paris)
• +2 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered core, minor and secondary.

• Paris HabitatcoreStrategic or Co-development Partner · 1 January 2019Paris Habitat is one of the three social housing operators (bailleurs sociaux) partnered with the City of Paris as co-founders of the FDVP GIP. Paris Habitat serves as maître d'ouvrage (developer) for several BRS operations, including Saint-Vincent-de-Paul and Hébert F.
• Régie Immobilière de la Ville de Paris (RIVP)coreStrategic or Co-development Partner · 1 January 2019RIVP is one of the three bailleurs sociaux parisiens co-founding the FDVP GIP alongside the City of Paris. RIVP acts as maître d'ouvrage for operations such as 100 Ney, Python-Duvernois 6B, and Chapelle Charbon lots A and F.
• Elogie-SiempcoreStrategic or Co-development Partner · 1 January 2019Elogie-Siemp is one of the three bailleurs sociaux co-founding the FDVP GIP. It serves as maître d'ouvrage for operations such as 77 Rébeval and Chapelle Charbon lot F, and participates in the selection commission.
• SolihaminorImplementation/ SI/ Consulting PartnerExternal service provider that verifies the completeness and accuracy of candidate dossiers before the selection commission meets, approximately one month prior.
• Paris & Métropole AménagementsecondaryStrategic or Co-development PartnerPublic urban development company acting as aménageur for major operations including Saint-Vincent-de-Paul and the ZAC Gare des Mines-Fillettes. The FDVP acquires land through this public developer for BRS operations.
• Espaces FerroviairesminorStrategic or Co-development PartnerPublic development entity responsible for the Hébert urban development zone in the 18th arrondissement, where the FDVP has two BRS operations (Hébert F and Hébert D).
• SEMAPAminorStrategic or Co-development PartnerSociété d'Économie Mixte d'Aménagement de Paris as aménageur for the ZAC Python-Duvernois in the 20th arrondissement, where the FDVP has multiple BRS operations.

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• CDC Habitat: France's largest social housing operator, subsidiary of Caisse des Dépôts. Operates a much larger portfolio of social and intermediate housing across France and is structurally comparable to FDVP's bailleur co-founders (Paris Habitat, RIVP, Elogie-Siemp).
• Action Logement: France's main employer-financed housing entity, offering loans, guarantees, and rental/off-market housing solutions to private-sector employees. Comparable in mission (subsidized housing access) but far broader in scope and financial firepower than FDVP.
• Foncière Logement: Real estate vehicle funded by employer housing contributions (1% Logement), operating affordable rental housing in priority urban areas. Comparable to FDVP as a mission-driven housing finance entity, though focused on rental rather than BRS homeownership.
• In'li: France's leading intermediate housing operator (logement intermédiaire), backed by Action Logement. Comparable to FDVP in targeting middle-income households that cannot access social housing but are priced out of the open market in Paris and Île-de-France.

Direct peers

• Soliha: Federation of non-profit associations that improve and manage affordable housing, including homeownership pathways for modest households. Soliha even operates within the FDVP selection process as a dossier verification partner, underscoring functional overlap.
• Foncière Solidaire Grand Paris: Regional Organisme de Foncier Solidaire covering the Métropole du Grand Paris outside the City of Paris. The most direct functional peer to FDVP since both operate the BRS mechanism under the same legal framework, just in different geographies within Île-de-France.
• Habitat et Humanisme: Long-standing French non-profit housing organization that provides affordable rental and homeownership pathways, including solidarity-based and intermediate housing. Comparable to FDVP as a non-profit mission-driven actor offering below-market housing access to lower- and middle-income households.
• Habitat Réuni: Federation of French non-profit housing operators (HLM, coopératives, OFS) that aggregates analogous mission-driven housing entities. Comparable to FDVP as a national-level grouping of solidarity-based housing operators, including OFS actors competing in the same BRS niche.

Others

• Paris & Métropole Aménagement: Public urban development agency developing major Parisian operations (Saint-Vincent-de-Paul, ZAC Gare des Mines-Fillettes) where FDVP acquires land for BRS. Comparable as an upstream feeder of FDVP's land bank rather than a direct competitor.
• SEMAPA: Société d'Économie Mixte d'Aménagement de Paris, the public developer for ZAC Python-Duvernois where FDVP has multiple BRS operations. Not a direct competitor but a systemic enabler of the FDVP pipeline.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/fonciere-de-la-ville-de-paris

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

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M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Foncière de la Ville de Paris