IFB Modernization Loan
The IFB Modernization Loan from the Hamburg Investment and Development Bank (IFB Hamburg) supports the modernization of owner-occupied and rented residential properties in Hamburg. It offers loans with fixed conditions for financing construction, renovation, and conversion costs, including acquisition, and is designed for long-term maturities.
Who is funded?
The IFB Modernization Loan is aimed at natural persons in Hamburg who wish to modernize owner-occupied or rented residential properties. The goal is the long-term financing of investment measures to improve living quality and energy efficiency.
What is funded?
The IFB Modernization Loan supports a variety of measures for residential buildings, ranging from maintenance to energy efficiency. This includes not only direct construction costs but also incidental costs and costs for outdoor facilities.
Type and Extent of Funding
The IFB Modernization Loan is offered as a long-term loan with fixed conditions. Up to €100,000 per project can be financed, with flexible terms.
Conditions and Requirements
Specific requirements for applicants apply to the use of the IFB Modernization Loan, as well as conditions regarding cooperation with financial institutions, creditworthiness, and collateral. Careful planning and documentation are crucial.
Application Process
The application for the IFB Modernization Loan is submitted through a financing institution and must be submitted before the start of the measures. Specific documents are required to enable the verification of eligibility and creditworthiness.
Legal Basis
The IFB Modernization Loan is based on the Law on the Hamburg Investment and Development Bank and is carried out in coordination with the Ministry of Urban Development and Housing. The guidelines for the loan are publicly accessible and regulate the specific funding conditions.
Similar Programs
No similar programs found.
Funding Overview
Funding Status:
Open
Maximum Amount:
€100,000
Deadline:
always open
Open Until:
Ongoing
Award Channel:
Indirect Management Funding
Region:
Hamburg
Sectors:
Construction and Building Materials, Environmental and Climate Protection
Application Type:
Single Applicant
Funding Stages:
Implementation
Funding Provider
Program Level:
Regional
Funding Body:
Hamburg Investment and Development Bank (IFB Hamburg)
Managed By:
Hamburg Investment and Development Bank (IFB Hamburg)
Additional Partners:
Credit institutions