Loan Real Estate

Social housing: a large boost from the State

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The acquisition of a housing and rental housing will be well-boosted by the State for this season. A new tax will be even deployed this year. It will properly promote and support projects with social objectives in the area of the private park.

Taxation comes in

This will result from the 1st February by new relief and tax aid, which will replace gradually the existing devices.

In practice, any owner who will lease its real estate prices are very accessible for all social categories and professional will benefit from tax relief important, ranging from 15% to 85%.

The State is committed financially

34 billion euros. It is the envelope of the ministry’s budget for this year to fund four areas : aid to peter, renovation and construction of social housing, support of the mayors and aid to municipalities. 500 million euros will be allocated to the aid to the stone, 3 billion euros will be a loan fund for the construction and renovation of social housing. The State will help local councils who are building for 70 million euros. These new homes will be for newcomers. 1200 municipalities are concerned because they are engaged in the construction of social housing.

The Parliament puts in the race

The elected officials have followed the Government in this decision in particular on the essentials and including tax. The Parliament maintains the property Tax on the Built Properties or TFPB. This provision shall apply to the construction of new social housing. Any social landlord will receive until the next year of an exemption for the Tax on the capital gain when he buys a property. To support these initiatives, the Tax Credit Transition Energy or QUOTES is available until December 31, 2017. It can be coupled with the eco-PTZ. Access to this provision is not contingent on the sources of income of the beneficiaries. 100 000 housing units will be funded for 854 million euros by the ANAH who will also support 300 000 condos fragile.

The low-income are not forgotten

Other good news : the low-income households will still be subsidized through a budget of 15.4 billion euros compared to 1.7 billion euros in the framework of the devices hosting and accompanying to the housing. In effect, a budget of 15.4 billion euros will be allocated to the preservation of the funding of housing assistance. Thus, the State will continue, so, to maintain its social commitments this year 2017

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