Rental housing in apartment buildings may only be subsidized if there is a demonstrably significant, not just short-term, local need for this housing. Apartment buildings are buildings with at least three rental apartments. When planning, the technical specifications in accordance with the Housing Promotion Regulations 2023 (WFB 2023) must be observed.
The apartments may only be rented to households (tenants) whose income does not exceed the income limits specified in Art. 11 BayWoFG. The aim is to ensure that around 60 percent of Bavarian households have access to housing subsidies with the highest possible income limits
The technical requirements in accordance with the housing subsidy regulations (WFB) must be complied with. Technical coordination takes place with the approval office.
An appropriate equity share of at least 15% of the total costs is required.
The Landesbodenkreditanstalt will carry out a credit check if necessary.
The construction project may not be started before the funding has been approved.
There is no legal entitlement to funding.
The procedure is a two-stage process:
- The project must be coordinated with the licensing office (see under "Responsible for you") as early as possible. The application can then be submitted using the forms and documents provided. Approval is granted by the approval office.
- The Bayerische Landesbodenkreditanstalt approves the loan and sends the approval notice.
Payment is made according to the progress of construction and must be applied for at the approval office.