Vorarlberg shortens residential building funding: What does that mean for families?
Vorarlberg shortens residential building funding: What does that mean for families?
The state of Vorarlberg plans to reduce the residential building funding that is to come into force on July 1, 2025. This decision will have far -reaching effects on financial support measures for builders and future property owners. According to Vol.at , however, the residential aid for weak households remain unchanged in order to ensure certain stability for these groups.
The amount of the loan granted will in future be limited to a maximum of 100,000 euros. For homes, for example, the basic funding drops from 40,000 to 30,000 euros. The funding for double and row houses and condominiums are also reduced, which in particular could strongly affect families. While the funding for double and row houses falls to 40,000 euros, the for condominiums for condominiums drops from 100,000 euros to 50,000 euros.
changes in interest rates and their effects
Another essential point is the adaptation of the interest rates. The new entry rate will be 1 percent and can increase up to 5 percent from the 31st year. So far, this sentence was only 0.25 percent, which made financial planning easier for many builders. Even if the key interest rate fell from 4.5 percent in May 2024 to 2.15 percent in May 2025, these changes could still be a financial burden.
builders should not learn what the government tries to ensure that the government is secured for ongoing projects. The new guideline will be published in the coming days, but has not yet been decided.
overall picture of the housing subsidy in Austria
The planned changes in Vorarlberg fit into a larger picture of the housing subsidy in Austria. Housing funding plays a central role in the country's housing policy model, as well as vorarlberg.orf.at , the development in the area of living in Austria remains an important socio -political topic that affects all age groups and income layers.
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Ort | Vorarlberg, Österreich |
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