1 Apr, 10:07··
Government Funds Office to Housing Conversion
The German government is starting a new program. It will help change office buildings into homes. The program gives money to people who do this.
The program is called ‘Gewerbe zu Wohnen’. The government will give a subsidy. This subsidy is 30,000 euros. The money is for each apartment that is changed. The goal is to solve the problem of not enough homes in Germany.
Summarized from the sources above. Read the originals for the full story.
Highlights
Government Funds Office Conversion
The German government is starting a program to change offices into homes.
Subsidy for Each Apartment
The program gives 30,000 euros to each converted apartment.
‘Gewerbe zu Wohnen’ Program
The program’s name is ‘Gewerbe zu Wohnen’.
Addressing Housing Shortages
The initiative tries to solve the lack of housing in Germany.
Non-Repayable Funding
The government gives money without needing it back.
housingeconomygovernment