Economy · Greece

Over 6,700 Applications for Home Renovation Subsidy Approved

7 sourcesFirst reported 1 month agoUpdated 1 month ago

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More than 6,700 eligibility certificates have been issued for the Renovation program.
The program aims to increase housing supply and enhance existing residential stock.
Eligible individuals can receive subsidies of up to 36,000 euros for home improvements.
The initiative is part of the 2021-2027 NSRF budget, totaling 500 million euros.

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The "Renovation of Housing" program has seen significant engagement, with over 6,700 eligibility certificates issued to citizens who applied through the electronic platform established for the initiative. This program aims to enhance the existing housing stock and boost the housing supply while facilitating renovations by providing substantial financial support. Eligible individuals can receive up to €36,000 in subsidies for various housing improvement projects.

Initiated under the framework of the ESPA (European Structural and Investment Funds) for the 2021-2027 period, the program is backed by a budget of €500 million. The issuing of eligibility certificates is part of the program’s first phase, which follows the signing of the relevant Joint Ministerial Decision. The widespread interest highlights the demand for housing renovations, and the government is expected to continue supporting this initiative as part of its broader housing market strategy.

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Over 6,700 Applications for Home Renovation Subsidy Approved

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