KfW BEG funding stopped 261, 262, 263, 264, 461, 463, 464

  • Erstellt am 2022-01-24 09:48:19

Gudeen.

2022-01-26 13:50:47
  • #1
In the case of the KFW loan, the funding volume is not equal to the repayment grant. The entire KFW loan is included.
 

Benutzer200

2022-01-26 13:57:54
  • #2

Let's be honest, what kind of financing is being "wrecked"? There are "only" (repayment) grants. The loan remains unchanged (which is sometimes even cheaper at the bank than with the KfW), just as high without funding as with funding. The risk has always lain with the bank and not with the KfW (and the bank has already approved the risk). So most can switch to classic bank financing and only forego an increased repayment. Pure grant variants hurt more since the possible credit limit is often already exhausted there, but even then one will survive, not immediately having a perfect house with everything around it.

Nevertheless (especially because of the manner), it is more than annoying. In the area of renovations, there will then be catch-up effects over the course of the year.
 

Wugler1978

2022-01-26 14:16:09
  • #3

Yes, and those who can read are clearly at an advantage.
The funding volume amounts to €20 billion. These are loans that must be repaid.
The repayment grant is only a fraction of the total amount.
 

Myrna_Loy

2022-01-26 14:23:17
  • #4

There is an article in the FAZ expressing outrage over the KfW, reporting on how the stop impacts the real estate industry.
"Two of his projects are affected, it involves a million-euro amount of funding. Another Frankfurt developer, who mainly operates in the Niederrad office district, reports 2.5 million euros in funding that he has now lost."
That is where the larger sums come from – it’s not just the small home builders.
 

Hannes34

2022-01-26 14:32:06
  • #5


Please? The daily press as well as social networks are currently full of reports about projects now facing an uncertain financial future or completely coming to a halt. From the classic young family with their house in the countryside, to the investor who wanted to build a three-family house (3 x subsidies dissolved into thin air), to the developer who wanted to implement a KfW55 project at the last minute and now wants to pass the resulting additional costs onto the buyers of apartments and row houses, which in turn is causing them to revolt. These are not trivial matters. This is not how the promised additional housing is going to happen. A major false start into the ministerial role.
 

Benutzer200

2022-01-26 14:45:24
  • #6

I know. We finance these companies as well. There are enough (pension) funds or other investors who work exclusively with KfW (fully utilizing KfW loans and the rest is equity). However, the large projects don’t die because of the missing subsidies. The subsidy is just the icing on the cake for a profitable project.

Why are they at risk of failing? Please explain it to me. The exact why.

The developer who pockets the subsidy himself (since the buyers can no longer receive the subsidy), to increase profit? He has no additional costs, only somewhat less revenue. By the way, he is not implementing a project last minute either.

The subsidy was never intended for that. It was a gift for energy-efficient building, mostly for people who can already afford building anyway.

I know the topic more than well. As a homeowner and as a financier (we grant about €11 billion in real estate loans every year).
 

Similar topics
07.04.2015Loans and Construction Credit - Creating KfW Usage Evidence11
10.05.2016KfW funding for two-family house26
26.07.2016Calculation of equity capital in connection with KfW loan28
01.05.2021KfW loan + repayment grant for granny flat39
10.12.2017Second residential unit in the house due to KfW funding 15313
16.04.2020Is the KfW loan still salvageable / changeable?10
13.09.2020BAFA funding for heat pump (air-to-water heat pump) when building with a developer25
18.11.2021KfW funding for KfW 40 Plus houses from now and from 01.07.202157
17.04.2021New KfW Building Loan Conditions17
21.03.2021Land registry later than planned - save KfW funding18
08.05.2021New building with granny flat - general contractor restricts rental and KfW funding51
06.07.2021KfW loan is expected to become cheaper from 01.07.58
31.08.2021Kfw 40 Plus funding - Ban on feed-in tariff?21
09.09.2021KfW 261 if the developer has already applied for funding11
12.11.2021Exclusion of funding / Purchase contract signed before KFW grant10
29.01.2023KFW Credit 261: New Construction Efficiency House 40 NH17
02.10.2025KfW Funding Climate-Friendly Residential Building from March 2023167
19.07.2023Double KFW 297 funding through two residential units?16
31.10.2024KFW 300 Funding - Attractiveness23
11.01.2025KfW 300 funding upon disposal of real estate ownership10

Oben