Brandenburg Loan for Housing Modernization
The Brandenburg Loan for Housing Modernization offers long-term loans with an attractive repayment subsidy for the sustainable renovation of rented apartments and apartment buildings. This program by the Investitionsbank des Landes Brandenburg (ILB) supports the housing industry in offering future-oriented and affordable housing on the market.
Who is funded?
The Brandenburg Housing Modernization Loan is aimed at participants in the housing industry in the state of Brandenburg who wish to sustainably renovate rented apartments and apartment buildings. The goal is to prepare rented housing in a future-oriented manner and subsequently offer it at affordable prices.
What is funded?
The Brandenburg Housing Modernization Loan focuses on measures for the sustainable modernization of rented residential property. Renovation of holiday and weekend homes, old people's and nursing homes, as well as refinancing and already completed projects are not funded.
Type and Extent of Funding
The Brandenburg Housing Modernization Loan is granted as a loan with a repayment subsidy. Disbursement is 100%, the loan term can be up to 25 years, and the fixed interest period can be up to 20 years.
Conditions and Requirements
Specific conditions apply to the Brandenburg Housing Modernization Loan regarding the application process, combinability with other funding, and collateral. Early application before project commencement is obligatory, and the scheduled execution of the loan is a prerequisite for the repayment subsidy.
Application Procedure
The application for the Brandenburg Housing Modernization Loan must be fully completed and signed, along with the required attachments, and submitted to the Investitionsbank des Landes Brandenburg (ILB). Early application before project commencement is crucial.
Legal Basis
The legal basis for the Brandenburg Housing Modernization Loan is a specific guideline that defines the funding purpose and conditions of the program. This guideline is crucial for the implementation and administration of the program.
Similar Programs
Funding Overview
Funding Status:
Open
Maximum Amount:
Repayment subsidy of 5% of the approved amount
Deadline:
always open
Open Until:
Ongoing
Award Channel:
Demand Driven Scheme
Region:
Brandenburg (Germany)
Sectors:
Construction and Building Materials, Service Sector
Beneficiaries:
Housing Construction & Modernization
Application Type:
Single Applicant
Funding Stages:
Process Optimization, Implementation, Infrastructure
Funding Provider
Program Level:
Regional
Funding Body:
Investitionsbank des Landes Brandenburg (ILB)
Managed By:
Investitionsbank des Landes Brandenburg (ILB)