Ministry of Construction wants to support more families with cheap loans

Berlin: The federal government wants to change and expand the promotion of property for families. Minister of Construction Geywitz explained the plans in the “First”. Accordingly, the income limits are to be raised so that, according to their information, three out of four families could claim the support in the future. Until 2021, there was an annual income limit of 45,000 euros, up to which a child allowance could be applied for. In the future, the limit will be 60,000 euros, and there will be low-interest loans from the KfW as a subsidy. According to Geywitz, this would have the advantage that the funding would already take effect during construction. The Baukindergeld was only given afterwards.

Broadcast: Bayern 2 Nachrichten, 02/25/2023 10:00 p.m