Are you an employee? Do you want to become an owner but are struggling to make this project a reality? There are several financing mechanisms resulting from an employer contribution. Focus on the Action Logement home loan, ex 1% employer.
If you work in a private sector company, you can benefit from two forms of assistance in the case of real estate investment: first, you can claim participation in the company’s results. As its name suggests, it is a sum calculated according to the company’s results and that your employer “reserves” for you. It is therefore in principle not paid to you but it is invested and you can use it in the event of the acquisition of your main residence. Depending on the company, this amount can be very modest or, on the contrary, substantial and truly constitute an incentive to purchase. But you may also be entitled to the Action Logement loan. This is not direct aid but a loan with attractive conditions, intended to finance your main residence. These two devices can be combined for the same purchase.
Ex 1% employer or 1% housing
You have certainly heard of Action Logement under its former name of 1% employers or 1% housing. Since a reform that came into force in January 2017, the 20 interprofessional housing committees (CIL) dedicated to housing assistance have been brought together under the same name: “Action Logement”.
The organization manages the Employer Contribution to the Construction Effort (PEEC) which is a contribution paid by all private sector companies with at least 20 employees.
Intended for employees
The two main missions of Action Logement are: to support employees in their residential and professional mobility; build and finance social and “intermediate” housing. Action Logement helps young workers, precarious or mobile employees, or those who have to deal with a life accident resulting in a significant drop in income.
Find real estate news in your region
Loans and aid from Action Logement
A lot of help and advice is provided by Action Logement to future owners or owners, whether it is buying a home, making changes to it or renovating it. There is a construction or acquisition loan for new properties to help with the purchase of your main residence; a purchase loan in an old property without work which allows you to finance a maximum of 30% of your main residence at a preferential rate; an accession loan + to buy HLM or PSLA housing with a loan of maximum 45,000 euros; assistance if you wish to carry out work to add a living space of at least 14 m2; financial assistance to carry out insulation or heating work; to adapt your accommodation for disabled people, assistance to finance the necessary work at a preferential rate; assistance to rehabilitate a degraded co-ownership that is the subject of a conservation plan or a planned housing improvement operation.
For example, in new construction: Action Logement grants a home loan at a reduced rate of 1% (excluding compulsory insurance) for a maximum amount of €30,000, the repayment period of which must not exceed 25 years. The accession loan concerns you if you work in a private sector company – non-agricultural – with more than 10 employees. To benefit from it: you must not have owned real estate in the last ten years; it must meet certain energy performance standards; and the granting of this loan depends on income criteria.
Directly with your employer
Note that the employer subject to the Employer Participation in the Construction Effort (PEEC) can also decide to invest directly via reduced rate loans to finance the construction of the main residence of its employees or their spouse, ascendant and descendant.
The SOFIAP subsidized loan
Another option: the subsidized loan from SOFIAP. The Financial Company for Home Ownership is the specialist in employer-subsidized real estate loans for their employees. A solution that would meet the growing needs of companies to build lasting loyalty among their employees, while allowing them to create real estate assets. The magazine Challenges details that SOFIAP has for several years been offering subsidized loans at preferential rates to employees, of up to 20,000 euros over 10 years.
To apply for an accession loan, go to the dedicated internet page of the site Housing Action. Regarding the subsidized SOFIAP loan or the direct loan from an employer subject to the PEEC, inquire with your employer via, for example, the Human Resources Department or your company’s payroll management department.
This editorial content is brought to you by one of our partners. The Center France editorial team did not take part in its design.
Sources : Action Logement – Employer loan: the loan to help employees with their real estate project
Challenges – Real estate: what if your employer helped you buy your first home ?
entreprendre.service-public.fr/vosdroits
2023-12-31 07:27:34
#Real #estate #Real #estate #project #business #give #financial #boost
