My house 2: Until January 15, 2025 applications for housing loans

The KYA for the program My house II will be issued in the coming days so that within the first 15th day of January 2025 those interested can submit to the banks the applications for the 20,000 subsidized by the state, housing loansannounced today (12.12.2024) the Minister of Social Cohesion and Family Sofia Zaharakis in an interview on Talk radio.

Sofia Zaharaki noted that “My House II is a joint program that we will implement with the Ministry of Finance, Mr. Papathanasis and the Development Bank and will offer 20,000 cheap subsidized loans to new couples and families. Interested parties are given the opportunity to acquire a house worth 250,000 euros and the loan from the bank reaches up to the amount of 190,000 euros. In the new program, an increased interest rate subsidy is provided for those with three and many children. In other words, the state comes and covers 3/4 of the interest rate, leaving only 1/4 to be paid by the beneficiary with three or many children”.

“Also, at the suggestion of the Prime Minister, two very important changes have been made in relation to my House I. The income that is counted is from the last three years and not only from the previous year, while there is no strict time limit for presenting a specific apartment to the bank. Let me also remind you that we raised the age limit from the previous 39 years to 50 years in order to cover the generation that did not have the opportunity to buy a house due to the crisis”, added Mrs. Sugar.

The Minister also referred to the large energy upgrading program I upgrade my house with a total budget of 400 million. euros that will “run” from the beginning of 2025, without an income criterion but also in the social housing programs which YKOISO is already implementing in cooperation with the Municipalities and also with Non-Governmental Organizations (NGOs).

Regarding the Social Compensation program that aims to create a significant stock of modern social housing, the Minister stated that the first tender will be held next year for public properties. “The first tender for public state plots where apartment buildings will be built and part of these apartments will be given at social rent and the rest at normal market prices, will start next year. This will give us in the coming years a stock of social apartments with social rent and at the same time more apartments in terms of supply. To start with the first competition in terms of available plots and properties, there is an estimate for the possibility of creating 150 apartments. We collect from all over Greece the mature plots as well as the built buildings to be given for this new shape for Greece. In other words, we want a mixed form of housing with social rent and regular rent.”