Neue Heimat
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Neue Heimat
Neue Heimat Gemeinnützige Wohnungs- und Siedlungsgesellschaft m.b.H., or Neue Heimat (NH) for short, was a Nonprofit organization, nonprofit construction and Housing cooperative, housing company headquartered in Hamburg, Germany. The German Trade Union Confederation (DGB) and its affiliated individual trade unions owned the company. It originated from a nonprofit housing association founded in Hamburg in 1926. After 1950, Neue Heimat developed into the largest non-state housing construction company in Europe, creating more than 460,000 apartments by 1982. The year 1998 is regarded as the end of the group's liquidation. After the Nationalization, expropriation of the trade union housing associations by the Nazism, National Socialists, they and their housing stock became the property of the German Labour Front, German Labor Front in 1933. In 1939, this Nazi organization established the name Neue Heimat. After the Monetary reform, currency reform (1948), the History of Germany (1945 ...
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