Self-Occupied Residential Property for Families with Children (RL Familienwohnen) Open
The Free State of Saxony supports families with minor children in creating self-occupied residential property through low-interest loans. The program promotes new construction, acquisition with or without modernization, and land acquisition for building communities, with a special focus on revitalizing older properties ('Jung kauft Alt' - Young buys Old).
Who is Funded
The Free State of Saxony's 'RL Familienwohnen' program is aimed at families with minor children who wish to create self-occupied residential property in the Free State of Saxony. It supports both individuals and building communities and aims to promote home ownership, particularly through the use of existing properties and the reduction of vacancies.
What is Funded
The 'Familienwohnen' guideline supports various projects for creating self-occupied residential property. These include the new construction and acquisition of single-family homes, the modernization of older existing properties, and the interim financing of land acquisitions for building communities. The eligible measures are subject to specific cost ceilings and living space limitations.
Type and Scope of Funding
Funding under 'RL Familienwohnen' is provided in the form of public loans. The amount of funding varies depending on the project and household composition, with specific interest rates and repayment terms. A special feature is the possibility of additional funding for low-income households, severely disabled persons, or the acquisition of older existing properties.
Conditions and Requirements
To receive funding from 'RL Familienwohnen', applicants must meet a number of specific conditions and requirements. These include income limits, living space limitations, proof of own contribution, compliance with public law regulations, and securing the loan in the land register. Special proof requirements also apply to building communities.
Application Procedure
The application for 'RL Familienwohnen' must be submitted via the SAB Funding Portal, with project start only permitted after approval. The Sächsische Aufbaubank (SAB) (Saxon Development Bank) is the competent approving authority and checks the eligibility for funding. Loan disbursements are made according to construction progress or completion of measures, and a proof of use is required.
Legal Basis
The 'RL Familienwohnen' funding program is based on a guideline from the Saxon State Ministry for Regional Development and is legally anchored in the Housing Promotion Act as well as in the paragraphs of the Saxon Budget Ordinance. It also takes into account EU regulations for De minimis aid.
Funding Overview
Maximum Amount:
€50,000 per child, plus €30,000 for low income, €15,000 per severely disabled person, €50,000 for 'Jung kauft Alt'; interim financing up to €500,000
Deadline:
always open
Award Channel:
Individual Aid
Region:
Saxony (Germany)
Sectors:
Construction and Building Materials, Other
Beneficiaries:
Private individuals, families, building communities
Funding Stages:
Planning, Implementation, Infrastructure, Other
Funding Provider
Program Level: Regional
Funding Body: Saxon State Ministry for Regional Development
Managed By: Sächsische Aufbaubank – Förderbank – (SAB)