For owners of existing properties there are now new opportunities to improve the standards of their apartments and houses: the “Frankfurt Program to Modernize the Energy Efficiency of Existing Residential Properties and Improve Residential Districts and the Urban Ambience”. Basic support is staggered across various increments from € 500 to 750 per square meter, and is provided for all measures to modernize apartments and transform commercial into residential property. In the case of listed buildings, the additional costs for modernization of energy efficiency that complies with the listing requirements. Further support is available for construction to passivhaus standard, barrier-free properties, combining smaller flats to form larger units, measures to enhance the appearance of a district or the urban ambience. Support is provided in the form of either a loan or a grant. Rental after modernization is capped by the local comparable rent levels set.
Support can be granted for projects that achieve figures 30 % below the requirements of the Energy Saving Decree for existing buildings.
Mr. Damian Paris
Telephone: +49 (0)69 212 30165
Fax: +49 (0)69 212 30761