Frankfurt Program for the Construction of Affordable Rented Apartments: Promotion scheme 2
Mid-income households whose income is not more than 40 % (Level 1), 55 % (Level 2) and 70 % (Level 3) above the within the limits specified by section 5 para.1 of the Hessen Act to Promote New Residential Properties (HWoFG) (Level 2) are eligible to live in this accommodation.
Starting rent per m² of living space and month
(plus running costs):
Level 1: € 8.50 €
Level 2: € 9.50
Level 3: € 10.50
Should the apartment be let to a Level 2 or 3 household, the difference in the amount from Level 1 must be paid to the City of Frankfurt:
Rent adjustment possible only in line with the consumer price index (taking German Civil Code (BGB) rental law into consideration) up to at most the standard local comparative rent
Basic loan per m² of living space eligible for support € 800
Terms
Interest rate: 30 years interest freeas of 31st year: standard market interest rate for first mortgages 10-year fixed interest rate - max. 5 %
Redemption: 1 %Processing fee: 1 %
Payment: 99 %Equity: 15 %
Payment as a rule in the following instalments
50 % completion of the shell
40 % building ready for occupancy
10 % Overall completion and final accounting
General promotion conditions
- The structure is built within the limits of the City of Frankfurt/Main.
- For the project competing design scenarios were enacted at locations that are important in terms of urban development.
- The quality criteria (Annex 2 of the Guidelines) were taken into consideration in the planning.
- The criteria relating to accessible facilities (Annex 3 of the Guidelines) were taken into consideration in the construction of wheelchair-accessible apartments.
Living space eligible for promotion
Apartments for 1 person up to max. 50 m²
Apartments for 2 people up to max. 68 m²
Apartments for 3 people up to max. 80 m²
Apartments for 4 people up to max. 92 m²
…for every other person max. 12 m²
Supplement for wheelchair-accessible living space in accordance with the latest version of DIN 18040-2: 8%
The Guidelines and application forms are available on our website and in the City Planning Department, Abteilung Stadterneuerung und Wohnungsbau (Department of Urban Renewal and Housing)
Kurt-Schumacher-Strasse 10
60311 Frankfurt/Main
By appointment or during general office hours: Tues. + Thurs. 8:30 a.m. – 12:30 p.m.
As at: February 2019
Frankfurter Programm für den Neubau von bezahlbaren Mietwohnungen: Förderweg 2 [274 KB]
Richtlinie des Landes Hessen zur sozialen Mietwohnraumförderung [175 KB]
Kennen Sie die Kampagne „FRANKFURT FAIRMIETEN“?
Die Kampagne verschafft Ihnen einen kompakten Überblick über Mietangebote und Voraussetzungen zur Anmietung von Wohnungen, die nach der aktuellen städtischen Richtlinie Förderweg 2 und dessen Vorgängerprogramm (Familien- und Seniorenprogramm) erstellt wurden und werden.
Informationen dazu finden Sie auf der Webseite www.frankfurt-fairmieten.de.