Loan

Construction of Condominiums - Subsidized Loan for Energy Efficiency, Credit

Promotional loan for the energy-efficient and sustainable construction of condominiums in Vienna. Combination with main funding required. Applications can be submitted continuously until further notice.

Energy Efficiency & Renewable Energies Housing & Modernization

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Grant criteria

Application Deadline:
23.06.2022
Application level: Advanced
Region: Vienna

Funding objective

Funding of construction projects for the establishment of condominiums with special ecological, sustainable, resource-saving, recyclable, and climate-friendly quality criteria.

Eligible expenses

  • Land register inspection
  • Approved submission plans (DWG or PLA format)
  • Topography verifiable (XLS format)
  • Building permit with legal force
  • Construction commencement notification and opening of the construction account
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Eligible to apply

  • Companies

Funding requirements

  • Positive project evaluation by the property advisory board or developer competition jury
  • Combination with loan funding for the construction of owner-occupied residential buildings (main funding)

Documents required for application

  1. Project application (form for multi-family houses and homes)
  2. Land register inspection
  3. Submission plans digital
  4. Topography XLS
  5. Building permit decision
  6. Construction start notification
  7. Proof of account opening
  8. Energy certificate
  9. Letter of assignment
  10. Official gazette announcement
  11. Ranking list
  12. Financing and construction schedule
  13. Tender documents
  14. Final accounting documents

Evaluation criteria

  • Fulfillment of ecological and sustainable quality criteria

Description

The promotional loan for the construction of condominiums in Vienna is aimed at developers and project applicants whose new construction projects have been positively evaluated by the land advisory board or the developer competition jury. A prerequisite is the combination with a loan subsidy for the construction of multi-family houses (main funding). The goal is the realization of housing projects that meet special ecological, sustainable, resource-conserving, recyclable, and climate-friendly quality criteria. The funding thus supports the increased implementation of energy-efficient construction methods and promotes climate-friendly housing construction in the federal capital.

Eligible expenses include land registry inspections, approved submission plans (DWG/PLA format), legally reviewed topography (XLS format), legally binding building permits, construction start notifications along with proof of account opening, energy certificates with building physics calculations, commission letters for master builders, architects, and experts, tender documents, payment and construction schedules, as well as final accounting documents including as-built plans. The evaluation is primarily based on the fulfillment of ecological and sustainable quality criteria. Applications can be submitted continuously until further notice. This continuous funding opportunity provides planned support for sustainable construction projects and contributes to a future-oriented urban development of Vienna.

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