The State Fund for Investment Support (SFPI) has received 11 applications for CZK 524 million in less than a month since the launch of the programme to support rental housing. Karolína Smetanová, SFPI’s communications director, announced yesterday. The Fund has CZK 800 million ready for this programme this year.
“Due to the high demand from applicants, we will certainly discuss other possibilities to reach as many applicants as possible,” said SFPI director Daniel Ryšávka. He said a new programme, which will be even more targeted, is planned for the beginning of next year. In the current programme, the money can be used for new construction and reconstruction. The resulting flats will be rented out at a price that is customary in the locality for at least 20 years.
The creation of the Rental Housing Programme was announced by Regional Development Minister Ivan Bartoš (Pirates) at the end of April. According to him, about 300 rental flats can be created for CZK 800 million. The support will consist of a subsidy and a loan, the combination of which will be set according to the situation in a given place. Half a billion crowns are available for municipalities, while associations and private investors can apply for CZK 300 million.
The sum of applications from investors other than municipalities is thus already higher than the amount prepared. “Of the 11 applications received, SFPI has registered five from municipalities for a total of CZK 223 million, and six from other legal entities for CZK 301 million,” Smetanová said. She said the supported rental flats will be offered as a priority to people who do not own real estate and at the same time give too much of their income for housing, such as single mothers and single parents or the elderly.
Applications are accepted only electronically through the Client Portal. By 2025, SFPI is expected to provide three billion crowns for the construction of housing. The Ministry of Regional Development is negotiating additional subsidies of up to eight billion crowns from the National Recovery Plan in the EU.
Source: SFPI and CTK
