Funding for Cooperative Housing

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Who is Funded?

This funding program is aimed at natural persons who wish to acquire cooperative shares for self-occupied residential space in Germany. The goal is to support the creation and securing of permanent and affordable housing throughout the federal territory.

What is Funded?

The funding program supports the acquisition of cooperative shares necessary for the self-occupancy of a cooperative apartment. It covers the costs of these shares, while refinancing and subsequent financing of already completed projects are excluded. Funded projects must also comply with environmental and social standards.

Type and Scope of Funding

The program offers low-interest loans in combination with a repayment grant for the acquisition of cooperative shares. The maximum loan amount is 100,000 euros per self-occupied residential unit, supplemented by a repayment grant of up to 7,500 euros. Applicants can choose from various loan terms.

Conditions and Prerequisites

Applicants must meet various conditions to receive and retain funding. These include compliance with the KfW exclusion list, self-occupancy of the cooperative apartment, and fulfilling comprehensive information and due diligence obligations throughout the funding period.

Application Procedure

Applications for "Funding for Cooperative Housing" are made indirectly through a financing institution of your choice, such as banks, savings banks, or insurance companies. The application must be submitted before acquiring the cooperative shares. After approval and project implementation, disbursement and the repayment grant will be provided.

Legal Basis

The "Funding for Cooperative Housing" is regulated by a specific leaflet from KfW Banking Group and is a federal funding program that, among other things, prescribes compliance with German environmental and social standards. Implementation details are accessible on the KfW website.