Housing Promotion Program – Acquisition of Existing Properties with Modernization
The Saarland Housing Promotion Program supports families and private households in acquiring and modernizing owner-occupied residential property, as well as in constructing new rental housing and modernizing existing rental housing. It offers loans and repayment grants for eligible households to facilitate access to and sustainably improve adequate housing.
Who is funded?
This program is aimed at families, households with children, and private individuals in Saarland who need support in accessing owner-occupied residential property or rental housing. It aims to improve the housing situation of these households.
What is funded?
The program supports the acquisition and modernization of owner-occupied apartments in single or two-family houses, as well as the new creation and modernization of rental apartments. The focus is on improving living conditions, energy saving, and accessibility.
Type and Scope of Funding
Funding is provided in the form of construction loans, which can be supplemented by repayment grants. There are specific maximum funding amounts for acquisition and modernization, as well as for different types of residential property and accessibility measures.
Conditions and Requirements
Funding is subject to specific requirements, including income and burden limits, the location of the property in Saarland, and ensuring overall financing. Special provisions apply to avoiding misallocation of funds and compliance with EU state aid law.
Application Procedure
The application for the housing promotion program must be submitted to Saarländische Investitionskreditbank AG (SIKB). Applications are processed in chronological order once all necessary documents are complete. The funding commitment is made through an administrative act.
Legal Basis
The housing promotion program is based on specific administrative regulations of Saarland as well as superordinate laws and EU legal provisions that form the framework for the promotion and its implementation.
Similar Programs
No similar programs found.
Funding Overview
Funding Status:
Closed
Maximum Amount:
€50,000 for acquisition, up to €70,000 for modernization (owner-occupied), up to €80,000 for modernization (rental housing)
Open Until:
30.06.2024
Award Channel:
Demand Driven Scheme
Region:
Saarland
Sectors:
Other
Beneficiaries:
Housing construction, modernization of residential property
Application Type:
Single Applicant
Funding Stages:
Implementation, Infrastructure, Commercialization
Funding Provider
Program Level:
Regional
Funding Body:
Ministry of Interior, Construction and Sport, Ministry of Finance and Europe
Managed By:
Saarländische Investitionskreditbank AG (SIKB)