Owner-occupied housing; application for funding

Purpose

The purpose of the subsidy is to help people seeking housing to become homeowners by building or purchasing a house or condominium for their own residential purposes (= owner-occupation, Art. 3 (1) sentence 4 of the Bavarian Housing Subsidy Act, BayWoFG).

Object

The state promotes the creation or acquisition of owner-occupied housing as part of the Bavarian Housing Construction Program.

Beneficiaries

Beneficiaries are private individuals.

Eligible costs

For the construction of housing, the total costs within the meaning of §§ 5 to 8 of the Ordinance on Housing Calculations under the Second Housing Act (Second Calculation Ordinance - II. BV) (= land, construction and ancillary construction costs) are eligible.

In the case of the purchase of housing, the purchase price and the purchase costs are eligible; in the case of a second purchase (= used housing), the costs of necessary modernization and repair measures are also eligible.

Type and amount

The subsidy is granted as a credit/loan.

The type of grant is a project grant.

In the interest subsidy program, funding is provided in the form of a subsidized loan of up to one third of the total costs.

• Only households whose income does not exceed the income limits specified in Art. 11 Para. 1 BayWoFG can benefit from the subsidy.
• Funding is provided with an interest subsidy for up to 1/3 of the total costs.
• The building project may not be started before the funding has been approved.
• There is no legal entitlement to funding.

Exclusion criteria:

Owner-occupied housing may only be subsidized for applicants who are not only temporarily residing in Germany and who are legally and actually in a position to establish a long-term residence for their household as the center of their living relationships and to run an independent household.

Funding for the purchase of owner-occupied housing is excluded if the seller and buyer are related in a direct line.

The procedure is a two-stage process:

1. The application must be submitted to the district administrative authority (district office, independent city) using the forms and documents provided for this purpose. Approval is granted by the district administrative authority.
2. The loan commitment and notification of approval is made by the Bayerische Landesbodenkreditanstalt. Payment is made according to the progress of construction and must be applied for at the district administrative authority. The district administration offices or independent cities are responsible for providing advice.

There are no fixed deadlines for this funding.

• Required document/s
  
  • Application for owner-occupied and rented accommodation in a two-family house: Stabau Ia
  • Declaration of income of the applicant: Stabau III a
  • Declaration of income for other household members: Stabau III b

There are no costs.