Annuity Grants according to the Carinthian Housing Promotion Act 1997 - K-WBFG 1997

The annuity grant according to the Carinthian Housing Promotion Act 1997 (K-WBFG 1997) supports natural persons in Carinthia who have taken out an additional mortgage-secured bank or building society loan alongside a housing promotion loan. This funding begins with the disbursement of the housing promotion loan and the initial occupancy of the subsidized property, providing financial relief over a period of up to 192 months for the repayment of the supplementary mortgage loan. As a direct grant, it significantly contributes to increasing the financial viability of construction and modernization projects in residential construction and promotes infrastructure development in cities and municipalities in Carinthia.

Prerequisites for approval include proof of loan acquisition and compliance with the income limits according to § 5 Z 22 K-WBFG 2017. The annuity grant must be reapplied for every four years; the Initial Application Form (BW51) and the Renewal Application Form (BW52) are available for this purpose. Continuous application submission is possible at any time after occupancy, with beneficiaries required to resubmit their income data at each renewal. This long-term support provides applicants with planning security and reliable budget assistance to successfully implement construction and modernization projects.