Housing Promotion Program – Modernization of Rental Housing

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Who is Funded?

This Saarland program is aimed at natural and legal persons who wish to modernize rental housing for low-income private households, as well as owners who renovate owner-occupied residential property. The funding is geographically limited to Saarland and aims to sustainably improve the living conditions of needy households.

What is Funded?

The funding program supports modernization measures for rental apartments and owner-occupied residential property that lead to a significant improvement in living conditions, save energy, or reduce barriers. Specific structural measures are funded, while mere cosmetic repairs or extensions are excluded.

Type and Scope of Funding

Funding is primarily provided in the form of loans, which can be supplemented by repayment grants. The amount of funding depends on the eligible costs and the type of measure, with maximum amounts set per apartment and a de minimis threshold.

Conditions and Requirements

Specific legal and financial conditions apply to the funding, including income and living space limits, rent and occupancy commitments, and requirements for the applicants' own contribution. Furthermore, EU state aid provisions and cumulation prohibitions must be observed.

Application Procedure

The application procedure requires early submission of complete documents to the Saarländische Investitionskreditbank (SIKB) before construction begins. Applications are processed in the chronological order of receipt, based on the availability of approval frameworks.

Legal Basis

The housing promotion program is legitimized by specific administrative regulations of the Ministry of Finance and Europe of Saarland and regulated by a series of other laws and provisions, including EU state aid law, to ensure the purpose-bound and lawful allocation of funds.