VEB Kommunale Wohnungsverwaltung (KWV)
After two years of preparation, the KWV (Housing Association) was founded on October 1, 1959, with seven employees. Fifty-five houses were managed for the city, private individuals, and institutions. An additional 75 houses had been assigned as so-called public property. A total of 220 apartments were managed in Grevesmühlen. The years following the KWV's founding were marked by reconstruction. There was a housing shortage, and with limited building materials and construction capacity, apartments had to be repaired and new ones built. Later, the KWV's scope of responsibilities was steadily expanded.