Big Step for the Housing Crisis in the State of Hesse: 30 Thousand Euros of Support for Low-Income Turkish Families!
According to the latest news from the German state of Hesse, a large support package has been announced for low-income families, especially Turkish citizens living in the state. This new policy, presented as a solution to the housing crisis, can make many families’ dreams of owning a home come true. So, what is this support package and who can benefit from it? Here are the details…
Details of Support Package
The government of the State of Hesse has taken a serious step to alleviate the housing crisis, one of the biggest problems of low-income families. In this context, cash support of up to 30 thousand Euros will be provided to families who will buy their first home. This support is only for those who will buy their first home, without any income or house price restrictions.
Who Can Benefit?
Anyone who will buy their first home can benefit from this support. Anyone who wants to buy a house in the state of Hessen, including Turkish citizens, German citizens and other international citizens, can apply.
Application Process and Conditions
Those who live in the state of Hessen or plan to buy a house here can apply to the federal government. Applications will be evaluated if the house to be purchased is the first house and meets some other local conditions.
Supplementary Payments and Child Benefit
An additional payment of 20 thousand Euros will be made for each married couple and 5 thousand Euros for each child under the age of 18. This is a practice that will further ease the financial burden of families in the home buying process.
Cheap Credit Opportunities
State banks will also offer low-interest loan opportunities to those who will buy their first home. These loans, along with the support package, will facilitate the process of home ownership for families.
In- and Out-of-State Applications
Those who do not live in Hessen can also receive support when they want to buy a house in the state. However, statements from the state government are awaited for this situation to be certain.
Will it be given mostly to Turks?
Turkish citizens living in the region will be given the opportunity to benefit from this support, because a high number of Turkish citizens live in the region.
Marriage Condition and Other Details
Couples living together, regardless of marriage, can also benefit from this support. This is seen as an arrangement suitable for modern living conditions.
Payment schedule
Support payments will be made in 10 equal installments throughout the year, which will facilitate families’ budget planning.
