Overview

• Applicants apply through their house banks for loans with interest-rate subsidies financed by TAB’s €1.2 million commitment, unlocking up to €30 million in total lending.
• Individual projects can receive up to €150,000 to convert empty buildings—particularly in rural areas—into affordable owner-occupied housing.
• Infrastructure Minister Steffen Schütz said the program promotes sustainability by reusing existing structures and avoiding the sealing of new land while boosting construction activity.
• The Left party criticized the scheme as inadequate for meeting the region’s affordable housing needs and called for a state housing company to prioritize social rental units.
• No data on applications or approvals has been released yet; officials say they will assess bank participation and renovation capacity before measuring the program’s impact.