"Household savings II": 14,709 additional applications for interventions worth 224 million euros
Information on the Home Saving Program II has revealed the RIS. As clarified by the Ministry, the additional 14,709 applications for the program, approved by the Investment Committee recently (30/07/2018), concern a total budget of EUR 224,623,421.49
The amount of the grant reaches € 127,068,316.74
, while additional public funds will cover € 12,576,616.94 for related services (eg, studies, fees for designers for Energy Performance Certificates, etc.). The amount of the loan is EUR 76,376,437.89 and the remaining EUR 21,178,666.86 will be covered by private funds
In total, the tax deductions so far in the "Household Savings II" amount to 28,211, increasing the total resources that will flow to the economy to EUR 414,8 million (public expenditure EUR 298 million) covering about 50% of the program's direct support budget
61.1% of the applications accepted for eligibility are for beneficiaries belonging to the first income category, ie they have an individual income of up to 10,000 euros or a family income of up to 20,000 euros. In addition, 21.2% are in the second category. Consequently, almost 8 out of 10 beneficiaries have individual income of up to 15,000 euros or family up to 25,000 euros.
Of particular concern is that more than half of the applications that have already been approved belong to the lowest energy category (G) and therefore the upgrade will have significant results. Only 1 out of 7 belongs to the higher energy category for which affiliation is possible (D).
58.1% of the total budget concerns regions characterized as less developed and thus subsidized more by Community funds (C. Macedonia, Anatolia Macedonia and Thrace, Greece, Epirus and Thessaly).
The first region is Central Macedonia, where the sum of eligible budgets exceeds EUR 48 million (22.6% of the total EUR 224.6 million). The amount of the grant for interventions amounts to € 27.6 million, while an additional € 2.8 million is public funding for related services.
The loan amount is EUR 14.2 million and the remaining EUR 6.1 million of the same expenditure. At second place is Attica with eligible interventions of 34,3 million euro (17,8% of the total). Public expenditure for interventions is EUR 18.6 million, and an additional EUR 2 million is public funding for related services. The loan amount is EUR 13 million and the other EUR 2.5 million is the same expenditure.
Cumulatively, in the Central Macedonia and Attica Regions, where the two largest urban centers are located, 40.4% of resources are directed, so 60% of resources are directed to the rest of the country. However, 70% of the applications relate to apartment blocks, so applications from the rest of the country are mostly urban housing.