Housing Promotion – Modernization of Owner-Occupied Residential Property

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Who is funded?

This funding program is aimed at private owners of owner-occupied residential property in Rhineland-Palatinate. The goal is to support households within certain income limits in obtaining adequate housing by financially facilitating modernization and renovation measures.

What is funded?

The program "Housing Promotion – ISB Modernization Loan" supports a wide range of modernization and renovation measures for existing owner-occupied residential property. This includes both structural improvements and measures for energy saving and adaptation to modern living needs. However, certain costs and projects are excluded.

Type and Scope of Funding

Financial support is primarily provided in the form of low-interest loans, supplemented by possible repayment grants for lower-income households. The amount of funding is tied to household size and property location, and specific conditions apply to the repayment and interest of the loans.

Conditions and Requirements

To receive funding, applicants must meet certain criteria and observe procedural regulations. These include income limits, compliance with building regulations, and specific requirements related to energy efficiency standards. There are also regulations regarding double funding and loan collateral.

Application Procedure

The application process for housing promotion for modernization is clearly structured and involves several steps, from application submission to review and funding commitment. The competent local administrations play a central role in the initial processing and forwarding of applications to ISB.

Legal Basis

This funding program is based on a specific administrative regulation of the Ministry of Finance Rhineland-Palatinate and is underpinned by the State Housing Promotion Act. It is part of a comprehensive framework for social housing promotion in Rhineland-Palatinate, which is further specified by additional supplementary regulations.