Annuity Grants
Annuity grants for private individuals in Carinthia for the partial repayment of an additional mortgage-secured loan within the framework of housing promotion. Granted for four years each time, applications possible at any time after disbursement and occupancy, valid until 31.12.2032.
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Grant criteria
Funding objective
Funding the repayment of an additional mortgage-secured loan taken out to finance a residential unit subsidized by housing promotion or a private home.
Eligible expenses
- Repayment of an additional mortgage-secured loan
Eligible to apply
- Individuals
Funding requirements
- Granting of housing subsidy
- Annual income must not exceed the maximum amount specified in the K-WBFG 1997
- Application after disbursement of the housing subsidy and upon occupancy of the subsidized property
- Continuation of funding only within one year after the expiration of the preceding four-year period
Documents required for application
- Application form for the continuation of annuity subsidies
- Loan agreement (debt agreement) copy
- Confirmation from the registration authority regarding main residence and household members
Description
In Carinthia, private individuals can benefit from the annuity subsidies granted within the framework of housing promotion for the partial repayment of an additional mortgage-secured loan. This subsidy supports the repayment of a loan taken out to finance a housing promotion-supported apartment or a home used as the main residence. The funding is approved for a period of four years each time and is available until December 31, 2032. Applications can be submitted at any time after the housing promotion has been paid out and the property has been actually occupied; a renewal is possible within one year after the expiration of the previous four-year period. Retroactive half-year funding can be considered in case of late application submission.
Eligible for funding are private individuals who have already received housing promotion and whose annual income does not exceed the maximum amount specified in the Carinthian Housing Promotion Act 1997 (K-WBFG 1997). To apply, in addition to the fully completed application form, copies of the loan agreement as well as an official confirmation of the main residence and persons living in the household must be submitted. The funding requirements include the granting of housing promotion, compliance with income limits, and timely application submission after disbursement and occupancy. Interested parties can obtain detailed information and forms from the Office of the Carinthian State Government, Department 11 – Social Affairs, Housing and Labor Market.
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