KAB is Denmark’s largest administrator of non-profit housing. We administer just under 64,000 dwellings in more than 500 estates for 60 non-profit housing associations and municipalities in the Capital Region of Denmark.
No one should make money from non-profit housing. In the case of non-profit housing, the rent is determined by the costs involved in running the estate, repayments on loans etc. Therefore, non-profit housing is often less expensive than other types of housing.
Tenants’ democracy is our bedrock
When you live in non-profit housing, not only do you get great housing at a reasonable rent – you also have influence on the decisions that are made in relation to the estate in which you live.
Tenants’ democracy is the basic principle in all non-profit estates. It is the tenants themselves who elect members to, and can be elected as members, the estate board and help make crucial decisions.
Focus on sustainability
KAB is owned by the housing associations it administers, and together, we are the KAB Community.
Every year, at a meeting of the Board of Representatives, the housing associations elect an Estate Board for KAB, which in close partnership with the Executive Management, marks out the general direction for the development of KAB. Focus areas include, for example, the tenants’ well-being and sustainability. We interpret sustainability broadly – we focus on the environmental, financial and social aspects.
Room for everyone
KAB was established in 1920 and, from the very beginning, our goal has been to create outstanding housing for everyone – and that goal is still at our very core to this day. We are highly aware of our social responsibility and play an active role in the development of the great city.
In our view, the great city is a diverse city, and ‘spaciousness’ is a key word. There should be room for everyone, regardless of age, life situation and income. The housing associations in the KAB Community ensure this through inexpensive housing, but also through social housing initiatives – not least in vulnerable housing areas. Not only does this ensure the tenants’ well-being and sense of security, it also underpins the thriving neighbourhood.
Even though KAB has 100 years’ experience, our sights are always set on renewal. The housing associations in the KAB Community will not just keep up with the times, they will also build for the housing needs of the future. In the last 10 years alone, we have developed a number of new living concepts, for example, AlmenBolig+, Basisboligen and Venligbolig+. Types of housing, each of which have their own target groups. However, the one thing they have in common is that they are particularly inexpensive and create ample opportunity for engagement and a sense of community. And that is precisely KAB’s mission: to create the frameworks for a great life.