Social Rental Housing Promotion – New Construction of Rental Housing for Student Households and Apprentice Households Open
The State of Hesse supports the new construction and modernization of rental housing specifically for students and apprentices. Eligible applicants can receive low-interest construction loans and financing grants to create affordable housing. The program targets low- and middle-income households and requires adherence to rent price and occupancy restrictions.
Who is Funded
This section describes which individuals and organizations are eligible to apply, where the funded projects must take place, and the overarching goals of the program, particularly the creation of affordable housing for specific target groups in Hesse.
What is Funded
This section explains the eligible construction projects and measures, the type of costs covered, and the development status of the supported initiatives. The program focuses on new construction and modernization of rental apartments for specific target groups.
Type and Extent of Funding
This section highlights the financial aspects of the funding, including the type of financial support, the amount of funding, and the duration of the projects. Low-interest loans and financing grants are offered.
Conditions and Requirements
This section sets out the essential rules and special requirements for applicants and beneficiaries. Details regarding application conditions, cooperation rules, state aid provisions, and budget regulations are presented.
Application Procedure
This section guides through the application process, from preparation to decision. It describes the necessary steps, documents to be submitted, and the instances for assessment and approval.
Legal Basis
This section describes the legal basis and official documents that authorize and regulate the funding program, as well as information on the accessibility of these texts.
Funding Overview
Maximum Amount:
Up to 3,640 € per square meter of living space (loan and grant combined)
Open Until:
Ongoing
Award Channel:
Demand Driven Scheme
Region:
Hesse
Sectors:
Construction and Building Materials, Service Sector
Funding Stages:
Planning, Experimental Development, Prototyping, Product Development, Process Optimization, Implementation, Infrastructure
Funding Provider
Program Level: Regional
Funding Body: Hessian Ministry for Economic Affairs, Energy, Transport, Housing, and Rural Development
Managed By: Wirtschafts- und Infrastrukturbank Hessen (WIBank)
Additional Partners: Municipalities, Student Services