This is how high the KfW subsidy for new real estate is in 2023

Berlin How will the state bank KfW promote new construction in Germany in the future? This question has been driving the economy for months. The Federal Building Ministry has now presented the new conditions of the 750 million euro subsidy program.

For the first time, the entire life cycle of a building is taken into account, from construction and use to potential demolition in the distant future. “Climate-friendly building is no longer an optional decision, but a must,” said Federal Building Minister Klara Geywitz (SPD) at noon in Berlin. “Anyone who builds today as they did in the past to save money is damaging the climate and their wallets with horrendous additional costs.” The minister continued: “Anyone can apply for the KfW-subsidized interest rate reduction.”