The development bank KfW cushioned the economic consequences of the Ukraine war with record sums last year. The funding volume of 166.9 billion euros surpassed the previous record of the Corona year. more Read the message at www.tagesschau.desource site
Housing construction is in crisis - and the forecasts are bleak. Hundreds of thousands of affordable apartments are already missing. source site
Building a house used to be easier. Rapidly increasing interest on loans and construction costs, plus the prospect of falling real estate prices, in general: the uncertainty. And the federal government is now tightening it up. Because the new construction funding via the state bank KfW cannot start in January as planned, but at the earliest in the second quarter. This was confirmed by a spokeswoman for the responsible Federal Ministry of Building, first had the FAZ reported about it.The...
In the first half of 2022, the Kreditanstalt für Wiederaufbau (KfW) approved applications from municipalities, companies and private customers from the Munich district amounting to more than 240 million euros. This was announced by the SPD member of the Bundestag responsible for the district of Munich, Michael Schrodi from Olching. According to this, companies receive subsidies of almost 60 million euros in the areas of energy efficiency and renewable energies. This sum is exceeded by private funding applications with a...
If you want to modernize your house or apartment, you have to reckon with significantly less funding from the state. Although more money should flow into comprehensive renovations and individual measures for more energy efficiency, the responsible has communicated to the Federal Ministry of Economics - in each individual case, however, the direct support will sometimes be significantly lower. Depending on the planned conversion, thousands of euros less could flow to the owner.The state development bank KfW will adjust its...
When Stefan Wintels moved into his new office on Bockenheimer Landstrasse in Frankfurt last fall, he found a bank in crisis mode. The corona pandemic had the country under control, brought entrepreneurs to the brink of bankruptcy and the health system to its breaking point. The state bank KfW, headed by Wintels, was and remained the savior in need, providing loans where other banks no longer approved loans, thus alleviating the consequences of lockdowns and broken supply chains. The institute...
The ailing energy supplier gets more money from KfW and has started to take gas from the storage capacities it uses itself. Now it's the government's turn.The ailing energy supplier Uniper is tapping into its remaining liquidity reserves. The MDax company announced on Monday in Düsseldorf that the possibility of taking out a loan of two billion euros from the state-owned KfW has now been taken up. The credit line is thus fully exhausted.The pressure on the federal government to...
The coalition factions want to lower the minimum energy standards for new houses planned by Climate Protection Minister Robert Habeck (Greens). According to information from the parliamentary groups, the specialist politicians from the SPD, Greens and FDP agreed on appropriate changes on Tuesday evening. Accordingly, the current regulations for insulation should remain, the stricter specifications for saving energy should instead be able to be achieved via the building services, for example with the help of solar modules on the roof.It...
The coalition factions want to lower the minimum energy standards for new houses planned by Climate Protection Minister Robert Habeck (Greens). According to information from the parliamentary groups, the specialist politicians from the SPD, Greens and FDP agreed on appropriate changes on Tuesday evening. Accordingly, the current regulations for insulation should remain, the stricter specifications for saving energy should instead be able to be achieved via the building services, for example with the help of solar modules on the roof.It...
High prices, hardly any funding opportunities, a shortage of skilled workers: the association of Bavarian housing companies warns of a slump in new projects - although record numbers are being reported.Representatives of the housing industry warn that, among other things, a lack of funding opportunities and price increases are making it increasingly difficult to create affordable housing. The first companies would already put their project planning on hold, said Hans Maier, director of the Association of Bavarian Housing Companies (VdW...
