The federal government supports renovations in non-profit housing construction
The federal government wants to support housing cooperatives with energy-efficient renovations. A corresponding special program provides for loans to be granted for 25 years. There is no interest for the first ten years. The Foundation for the Promotion of Home Ownership is launching a similar program for rural areas.
The non-profit housing developers in Switzerland have a portfolio of almost 170,000 apartments, the Federal Council informed in a message . Many of these apartments, which are mainly located in cities and agglomerations, are more than 30 years old and no longer meet today's energy requirements. A special federal program is intended to motivate non-profit housing developers to renovate their buildings sustainably.
The program drawn up by the Federal Council provides for loans of up to CHF 50,000 per apartment to be renovated. With a term of 25 years, no interest is charged for the first ten years. The prerequisite is that the renovation work improves the condition of the building envelope to level B of the building energy certificate of the cantons ( GEAK ) or meets the Minergie standard.
A similar program for rural areas is being launched by the Foundation for the Promotion of Home Ownership ( SFWE ), the Federal Council informs in the announcement. Here you can apply for CHF 90,000 per apartment for a maximum of three apartments. Applications for both programs can be submitted to the umbrella organizations for non-profit housing construction or the SFWE by mid-October 2023.
