Tyrol's residential building funding reaches record height: 386 million euros 2024!
Tyrol's residential building funding reaches record height: 386 million euros 2024!
Lienz, Österreich - In 2024, the Tyrolean housing subsidy with a record of 386 million euros achieved an impressive increase of 15 percent compared to the previous year when it was 334 million euros. As reported dolomitenstadt.at , a total of 18,700 renovation projects, 1,777 new buildings and 658 apartment purchases were supported by these funding. The funds provided cover a variety of measures, including the purchase of new apartments and the renovation of existing living rooms, whereby environmentally friendly measures are particularly promoted. The Tyrolean residential building officer Philip Wohlgemuth emphasizes that there are also sufficient funding for 2025, and encourages citizens: inside to use these opportunities.
state subsidies in focus
On a wider level, the German government is planning to issue over 48 billion euros in subsidies for 2024, whereby the largest share, almost 22 billion euros, is to flow into the area of construction and renovation. According to ue-germany.com , the expenditure for urban development and housing has been more than quadrupled since 2021, which underlines the growing priority of the government for residential construction and renovation. These new funding measures are in the context of increasing living costs and the growing need for affordable living space.
It is particularly noteworthy that the modernization and energetic renovation in the building area is the largest individual position of subsidies, with expenditure of 19.2 billion euros, which corresponds almost to a quinter since 2021. These investments aim to increase energy efficiency and promote environmentally friendly construction, a topic that is also accompanied in Tyrol through new funding criteria. The support for renovation measures shows that there is a clear strategy for improving living conditions and promoting sustainable practices both at the state and federal level.| Details | |
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| Ort | Lienz, Österreich |
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