Loan

Loans and Grants for Housing Provision for Agricultural and Forestry Employees

The Salzburg Chamber of Agricultural Workers grants unlimited subsidies and interest-free loans to agricultural and forestry employees in Salzburg for housing creation, improvement, and infrastructure measures. Applications can be submitted as long as the membership requirements are met.

Housing & Modernization Infrastructure

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Grant criteria

Application Deadline:
04.11.2013
Application level: Advanced
Region: Salzburg
Funding rate: 80%

Funding objective

The improvement of the economic and social situation of agricultural and forestry workers as well as the maintenance of population density in rural areas through the promotion of housing supply, owner-occupied housing construction, renovations, and infrastructural measures.

Eligible expenses

  • Construction costs for owner-occupied home building and remodeling
  • Costs for infrastructural measures (sewer connection, water supply, electrification, access roads)
  • Expenditures for renovation measures (thermal insulation, window replacement, heating systems)
  • Acquisition of furniture when establishing a household

Eligible to apply

  • Individuals

Funding requirements

  • Completely filled application including attachments
  • LAK membership for at least 24 months within the last 36 months or uninterrupted 12 months
  • LAK membership at the time of disbursement
  • Commitment to remain employed full-time as a wage earner in the agricultural and forestry sector for 10 years
  • Compliance with the guidelines of the State of Salzburg for agricultural worker home construction
  • Show more

Documents required for application

  1. Application form
  2. Proof of income
  3. Invoices
  4. Cost estimates
  5. Bank guarantee (for loans > € 2,500)
  6. Building plan
  7. Building description
  8. Cost calculation
  9. Financing plan

Description

The permanent funding is aimed at employees working in agriculture and forestry in Salzburg who can demonstrate LAK membership for at least 24 months within the last 36 months or at least 12 consecutive months. The goal is to strengthen the economic and social situation of this target group as well as to secure the population density in rural areas. Measures to create and improve housing, owner-occupied home construction, extensive renovations, and infrastructural developments such as sewer connections, water supply, electrification, or access roads are supported. Grants and interest-free loans cover up to 80% of the verifiable costs up to specified maximum amounts. Additionally, interest-free loans for the purchase of furniture can be obtained when establishing an independent household.

A prerequisite for applying is a fully completed application including income proofs, invoices or cost estimates, building plans, construction descriptions, and cost and financing plans. For loans exceeding €2,500, a bank guarantee must be provided; otherwise, a blank promissory note with joint liability of a family member is required. The obligation to remain employed full-time in the agricultural and forestry sector during the repayment period is binding, as is compliance with the LAK guidelines for agricultural worker home construction. Disbursement takes place after approval and proof of construction progress or submission of all documents. Since funding is granted continuously without time restrictions, applications can be submitted at any time; however, household establishment loans must be applied for no later than 36 months after marriage.

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