(FILES) This photograph shows the logo of La Caisse des Depots (CDC) during the annual conference at the Deauville International Centre (CID), in Deauville on December 13, 2007. La Banque des Territoires, a subsidiary of Caisse des Dépôts (CDC), the French government's financial arm, will commit 100 billion by 2030 to the construction of affordable housing, its director Antoine Saintoyant announced on May 21, 2026. The CDC subsidiary's ambition is to "build 650,000 affordable homes by 2030" in response to the "severe housing crisis" and to alleviate the difficulties facing the new-build sector, Mr Saintoyant, who is also deputy director of the CDC, told AFP. (Photo by MYCHELE DANIAU / AFP via Getty Images)