Bjarg íbúðafélag is a nonprofit housing foundation

Bjarg's mission is to provide individuals and families with low income, who are active in the employment market and members of a union within ASÍ or BSRB, access to secure and long-term rent

Are Bjarg's apartments for me?

Bjarg is a nonprofit foundation and its aim is to provide working individuals and families with low-income access to long-term rent. Bjarg's apartments are for working individuals and families under certain income- and asset limits who have been active on the labor market and a member of a union within ASÍ or BSRB for at least 16 out of the last 24 months.

Relationship status

What is your union?

What is the income for the household per month?

All income of the tenant/s per month (individual or total for the couple if married/in cohabitation), including capital income (fjármagnstekjur).

How many children in the home will be 19 years or younger?

Register children, 19 years and younger who will live in the apartment.

What is the total asset of the tenants, minus liabilities?

Total of all assets (of individual or both, if married /in cohabitation) minus all debts. Real estate, vehicles etc.

Map of Iceland

The location of Bjargs apartments

Bjarg has started building and designing apartments in different parts of Iceland

Information about the apartments

Rent and conditions for renting

Bjarg operates according to the law on public apartments. The law specifies income and asset margins, together with the criteria of debt burden of the rent. Applicants must be members of a union within ASÍ or BSRB.

The debt burden of the rent should normally not exceed a quarter of the total income, taking housing benefits into acount.
8.999.000 ISK.
is the maximum of total assets of the tenants
The annual income of tenants shall not exceed a sum greater than
8.327.000 ISK.
for a single tenent
11.659.000 ISK.
for couples
2.082.000 ISK.
for every child in the family, 19 or younger

Frequently asked questions

What conditions must I meet to be eligible for allocation?

You need to be 18 years old, registered and active on Bjarg’s waiting list and have submitted an application. You have to have been active on the labor market and a valid union member of ASÍ or BSRB for at least 16 out of the last 24 months at the time of allocation. You must fall below certain income and asset limits at the beginning of the rent and the debt burden of the rent should normally not exceed 25% to 30% of the total income, taking housing benefits into account.

What should I do to register to a waiting list?

You register to a waiting list through “Mínar síður” (my pages) by confirming that you meet conditions for allocation and by paying the membership fee. You are responsible for knowing whether you meet all conditions for allocation and you must therefore check this carefully. Bjarg Housing Foundation does not check whether the respective information is correct until the time of allocation. So make certain of your union membership and that you do not exceed the limits of income and assets, and read the allocation rules carefully before you pay the registration fee and register to the waiting list. Waiting list registration must be renewed every 12 months and the annual membership fee paid. Membership fees are not refunded.

I am not sure to which union I belong or whether I have been there long enough to receive an allocation, how do I find about this?

You should see the name of your union on your payslip. Both your employer and the union can tell you how long you have been a member.

26. August 2021

Reduction of rental price

A declaration of intent has been signed on the behalf of Húsnæðis -og mannvirkjastofnun (HMS) towards Bjarg íbúðafélag.

24. April 2020

Covid-19-Payment delay

Bjarg íbúðafélag has a temporary payment delay intended to assist tenants who are experiencing payment difficulties following a job loss or reduced em…

25. March 2020

Bjarg íbúðafélag in the era of Covid-19

The management and staff of Bjarg íbúðafélag are now discussing the response to temporary loss of income following unemployment or reduced employment…