Loan

New Construction of Special Housing Forms

Interest-subsidized loans and grants for the new construction of rental apartments with special social objectives in Hamburg. Applications can be submitted at any time before the start of construction.

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Grant criteria

Application Deadline: Ongoing
Application level: Advanced
Region: Hamburg

Funding objective

Funding the new construction of rental apartments for people with physical, mental, and/or psychological disabilities as well as for individuals in need of care in Hamburg, to enable communal and barrier-free living.

Eligible expenses

  • Basic module new construction with land purchase or on own land
  • energy-saving construction
  • sustainable construction
  • barrier-free equipment
  • common rooms
  • Show more

Eligible to apply

  • Companies
  • Individuals

Funding requirements

  • Ownership or hereditary building right of the property
  • Recognized care concept by the social authority
  • Equity capital of approximately 20% of the total costs
  • Proof of performance capability and reliability
  • Compliance with occupancy and rent price restrictions

Documents required for application

  1. Funding Guidelines for Special Housing Forms (PDF)
  2. Application Form for Special Housing Forms (PDF)
  3. Proof of Use for Special Housing Forms (PDF)
  4. Billing Form for Special Housing Forms (PDF)

Description

The Hamburg Investment and Development Bank (IFB Hamburg) supports the construction of rental apartments with special social objectives in Hamburg through this program. Funding is provided in the form of interest-subsidized loans combined with ongoing and one-time grants to create barrier-free, communal living spaces for people with physical, mental, and/or psychological disabilities as well as individuals in need of care. The modular funding system allows for needs-based planning and takes into account sustainable, energy-efficient construction methods. Investors who, as landowners or leasehold holders, demonstrate financial capability and reliability may submit applications year-round prior to the start of construction. Requirements include an equity share of approximately 20% of the total costs, a care concept recognized by the Social Authority, and compliance with rent and occupancy restrictions for up to 30 years.

In addition to the mandatory basic module for new construction with land acquisition, optional modules such as energy-saving and sustainable building, barrier-free equipment, communal and security areas, elevator systems, and parking spaces are also funded. Eligible expenses include solid brick and masonry construction, site-specific special construction costs, urban design requirements, and competitive tendering. Applicants must prove ownership or leasehold rights, submit a usage concept approved by the Social Authority, and provide equity of about 20%. Compliance with specified apartment sizes, floor plans, as well as rent and occupancy restrictions is mandatory. The funding guidelines, application form, proof of use, and billing form are provided for the application process and serve as the basis for the funding commitment.

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