Massive renovation programs, particularly benefiting low-income households, would address the housing crisis in Europe, as millions are denied the right to housing or live in homes that make them sick, waste energy and warm our climate. Renovating our homes and increasing energy efficiency would cut our emissions while also creating millions of jobs. The European Union should take a lead decisive role in directing funds and mobilizing political will for such programs. It must ensure that no additional costs in housing or bills are passed on to vulnerable households, and that works are carried out to a high standard subject to strong regulations, independent scrutiny, and accountability to residents.