How many funds have been drawn so far

House construction in Lower Saxony

CDU construction politician Luczak fears that many construction projects will be postponed or canceled due to the unclear funding.

(Photo: dpa)

Berlin A good two-thirds of the funds had been drawn down before the state KfW new construction subsidy program expired at the end of the year. Applications can still be made for the remaining 160 million euros. The Federal Ministry of Economics and Climate Protection (BMWK) informed the Handelsblatt on request.

According to this, more than 1100 applications with a volume of around 340 million euros have been approved since April 21, 2022. A spokeswoman for the ministry said: “The funding is well received on the market.”

In the course of the budget negotiations, a budget of 500 million euros was set for new construction funding for 2022. “The budget is considered sufficient,” says the BMWK.

In the spring, Economics Minister Robert Habeck (Greens) had to stop state support twice because the funds ran out. After that, the conditions were tightened. Since April 21st, money has only flowed for new buildings according to the efficiency house standard 40 (EH40) plus the quality seal for sustainable building (QNG).

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