The minister has warned that subsidies will be approved only for apartments and houses with a valid permit, meaning ready properties with required documentation, as well as a building permit is required for house construction.

Minister of Construction and Spatial Planning Predrag Štromar has called on all interested parties in subsidized home loans for young people to start looking for apartments, gather documents, and obtain building permits if they have decided to build a house so that they are ready for the upcoming competition that will be issued at the beginning of September. The competition is expected to be issued on September 3rd and will last a week, and all those who submit their applications will receive a subsidy. The money will be secured through a rebalanced budget for the last two months of this year and the budget for next year, Štromar pointed out at a briefing for journalists. He warned that subsidies will be approved only for apartments and houses with a valid permit, meaning ready properties with required documentation, as well as a building permit is required for house construction. The Agency for Commercial and Property Mediation (APN) issued a call to banks on July 27th to participate in subsidized lending, the competition will be issued by August 6th and it is expected that more than 10 banks will participate and the interest rates will be lower than 3.75%, Štromar said. Subsidized lending will be approved for the purchase of an apartment or a house or the construction of a house up to a maximum of 1,500 euros per square meter, respectively up to a maximum credit amount of 100,000 euros, whose repayment period may not be less than 15 years. The total amount of credit can be higher, but the difference will not be subsidized. Last year, 2,320 subsidized loans were realized, and 201 children were born in these families, and the new model has extended the period of subsidized lending from the first four to the first five years of credit repayment, and further two years for each additional child or adopted child, Štromar added. Regarding the growth of property prices, he said that it is a normal phenomenon when the BDP and wages grow, but also that it has been found through analysis that subsidized loans and other programs contribute to the growth of prices. Štromar also reported on the POS housing construction program. So far, over 8,000 apartments have been built in the POS and 4 billion kuna have been invested, and in the next two years, it is planned to start implementing an additional thousand apartments, mainly in coastal cities such as Split, Zadar, Trogir, Bol, Cres, Krk, Poreč, he said. He announced that the public competition for subsidized housing for residents whose homes were destroyed or damaged due to landslides will be announced on Wednesday, August 1st, and called on all interested parties to submit their applications. The deadline for submitting applications is 45 days. Regarding energy reconstruction of public buildings, he said that submissions will again be possible from September 4th after additional funds were secured, namely increased from 380 million kuna to 1.1 billion kuna. On the call issued for the energy reconstruction of public buildings at the end of 2017, 448 applications were received, and the requested amount of non-refundable funds was 813.5 million kuna. Štromar emphasized that from next year, individuals will also be able to apply for energy reconstruction of houses after the European Commission changed the regulation to allow it. He promised that a much simpler competition will be prepared for property owners and will be announced in the coming months.

Source: poslovni.hr

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