Grant

Annuity Grants (New Construction Funding)

The state of Tyrol grants annuity subsidies for objectively funded rental housing complexes, eligible overall developments (condominiums), as well as elderly and nursing homes in Tyrol. Applications can generally be submitted at any time.

Housing & Modernization

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Grant criteria

Application Deadline:
27.08.2013
Application level: Advanced
Region: Tyrol

Funding objective

Funding of annuity subsidies for the new construction and initial purchase of residential properties as well as for elderly and nursing homes, in order to create affordable housing in Tyrol and support sustainable construction projects.

Eligible to apply

  • Individuals

Funding requirements

  • The construction project must have been funded within the framework of object promotion with a housing promotion loan.

Documents required for application

  1. Application forms and templates according to specifications (e.g., F26, F28b, F64, F92) available at https://www.tirol.gv.at/bauen-wohnen/wohnbaufoerderung/service/antragsformulare-formblaetter/

Description

The Annuitant Grants Program (New Construction Funding) of the State of Tyrol supports private builders and purchasers in the new construction or initial acquisition of rental housing complexes, eligible overall developments (condominiums), as well as elderly and nursing homes. The goal is to create affordable and sustainable living space in Tyrol and to promote future-proof construction projects in the areas of residential construction, modernization, infrastructure, and urban development. Funding is provided in the form of a direct grant, which is awarded in conjunction with a previously approved housing promotion loan. Applications can generally be submitted at any time, with the application to be submitted either concurrently with the loan application or at the latest upon occupancy of the residential property. There is no time limitation on the funding period.

Official application forms and templates (e.g., F26, F28b, F64, F92) are required for the application process and are available free of charge on the website of the Housing Promotion Department of the State of Tyrol. The grant is paid out in monthly installments following positive approval and occupancy of the residential property. A prerequisite is that the construction project has been funded within the framework of object promotion with a housing promotion loan. The budget volume is unlimited; reclaiming of funds remains reserved. Further information on guidelines and verification forms can be found in the current housing promotion guidelines of the State of Tyrol. Thus, the program makes a significant contribution to urban development and the social security of a high-quality, affordable housing supply in Tyrol.

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