Construction financing: Federal government increases important funding for new houses

The EH-55 funding is an important cornerstone in construction planning. The Ministry of Construction now has planning security. However, if you want to benefit from this, you have to be quick.

New construction: Climate-friendly construction projects are supported with cheap loans. But those willing to build now have to be quick. Photo: Jan Woitas/dpa-Zentralbild/dpa

Berlin. The Ministry of Construction is increasing funding for the construction of new energy-efficient houses. The demand for the so-called EH-55-Plus funding has increased significantly in the past few months, which is why additional funds are now being made available, said Construction Minister Verena Hubertz (SPD).

The originally planned budget of 800 million euros would otherwise have been exhausted before the end of the year. According to the ministry, around 52,100 apartments have now been implemented since the program began last year, which had already been approved but not built.

Funding is provided through low-interest loans from KfW. In addition to the EH 55 standard, the condition is that the heat is generated 100 percent using renewable energy. Houses with oil or gas heating are therefore excluded. In addition, a building permit must already be available with the application. Applications are possible until the funding pot is empty - but at the latest by the end of the year.

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