Promotion of Cooperative Housing

This promotional loan from the KfW Banking Group is aimed at private individuals throughout Germany who wish to acquire cooperative shares for owner-occupied housing. It includes a low-interest loan of up to €100,000 as well as a repayment subsidy amounting to up to 7.5% of the loan amount (maximum €7,500). Key focus areas are housing construction & modernization as well as infrastructure & urban development. The financing can be used both for the founding of a new housing cooperative and for participation in an existing cooperative. Funding is continuously available and covers up to 100% of eligible expenses.

The loan term ranges from 48 up to 420 months with variable conditions and grace periods without repayments. Only the acquisition of cooperative shares is eligible for funding; refinancing or additional financing of completed projects is excluded. A prerequisite for approval is proof of partial acquisition of an owner-occupied cooperative apartment in Germany as well as compliance with environmental and social minimum standards. The application is submitted through accredited financing partners and requires the submission of a "Confirmation after Completion (BnD)." Thanks to the repayment subsidy, repayment amounts are reduced, thereby significantly lowering the overall costs of the housing project. Detailed information on conditions, procedures, and required documents is available from the financing partners.