Housing Support Program – Rental Housing Support
The Saarland's housing support program assists developers in creating rental housing for households that struggle to find suitable accommodation on the open market. Funding is provided in the form of loans for new constructions, significant building measures, and modernizations to ensure affordable and demand-oriented housing. The program is focused on Saarland and considers both social and ecological aspects.
Who is funded?
The housing support program in Saarland targets natural and legal persons, especially developers, who wish to create rental housing for households that have difficulty securing adequate housing on the open market. The funding is geographically focused on Saarland and aims to ensure the provision of needs-based and affordable housing.
What is funded?
The program supports various measures in the creation and adaptation of rental housing. This includes new construction, significant building measures, modernizations, and the acquisition of existing housing, provided they meet certain criteria regarding target group, rent, and construction method.
Type and Scope of Funding
Funding is primarily provided in the form of construction loans. The amount of the loan is limited per square meter of eligible living space and varies depending on the type of measure. In addition, there are specific conditions for repayment and interest rates.
Conditions and Requirements
Specific conditions apply to the utilization of housing support regarding application submission, financing, earmarking, and rent amount. These are intended to ensure that the funding is targeted and that social housing objectives are achieved.
Application Procedure
The application procedure requires the submission of complete documents to Saarländische Investitionskreditbank AG (SIKB). Approval is granted by administrative act, and grant recipients have comprehensive notification and audit obligations.
Legal Basis
The program is based on specific administrative regulations of Saarland, which implement the Housing Support Act and define the detailed conditions for granting funding. In addition, European state aid regulations are relevant.
Similar Programs
Funding Overview
Funding Status:
Closed
Maximum Amount:
Up to 1,300 € per square meter of eligible living space; maximum 80,000 € for modernizations of rental housing; maximum 70,000 € for modernizations of owner-occupied housing; 50,000 € lump-sum loan for acquisition and modernization of owner-occupied housing in need of modernization.
Open Until:
30.06.2024
Award Channel:
Demand Driven Scheme
Region:
Saarland (Germany)
Sectors:
Construction and Building Materials, Service Sector, Environmental and Climate Protection
Application Type:
Single Applicant
Funding Stages:
Planning, Implementation, Infrastructure, Process Optimization, Market Introduction
Funding Provider
Program Level:
Regional
Funding Body:
Ministry of Interior, Construction and Sport
Managed By:
Saarländische Investitionskreditbank AG (SIKB)