Kostas Skrekas "With 'Save - Renovate for Young People', we support the new generation to start their lives in a decent home"

The Government is launching a support program for young people, so that they can start their lives and start a family, living in a decent home. The online platform (https://exoikonomoneon.gov.gr) of the "Save – Renovate for Young" and will remain open until Friday, September 15, 2023.

The new Program, with a total budget of 300 million euros, is part of the Government's wider Social Housing Policy "My home!" and is going to enable 20,000 young people aged between 18 and 39 to upgrade their energy and renovate their home.

"Save – Renovate for Youth" is divided into two subsections:

• "Save", with a budget of 200 million euros, of which 40 million euros are available exclusively for vulnerable households, and concerns energy saving interventions such as replacing frames, thermal insulation, heating-cooling systems, domestic hot water supply systems and smarthome.
• The "Renovate", whose budget amounts to 100 million euros, includes renovation interventions, such as the renovation of bathroom and kitchen areas, replacement of the entrance door, replacement and repair of electrical and plumbing as well as floors.

A basic condition for inclusion in the subsection "Renovate" is the mandatory inclusion first in the subsection "Save".

The goal of the program is to save primary energy by at least 30% and to upgrade the energy category based on PEA by at least three energy classes in relative to the existing ranking.

Conditions for the inclusion of beneficiaries in the program

• All young people born from 01/01/1984 to 31/12/2005, with a family income of up to 50,000 euros, have the right to participate in the program. "Save", and up to 20,000 euros for their inclusion in "Renovate".
• Beneficiaries should be the owner of the property, with any real right and occupy it, or be full owners, or usufructuary and rent it, to join the "Eksikonomo".
• Beneficiaries should have a real right of full ownership / usufruct of at least 50%, in order to join "Renovate". Small ownership is excluded.
• They do not have the right to submit to "Save - Renovate for Young People" residences with an active application in one of the energy upgrade programs: "Home Savings II", "Save - Autonomous" and "Save 2021".

A dwelling, to be considered eligible, must be a detached house or detached apartment and must:

• It exists legally.
• It has not been deemed demolishable.
• It is used as a main residence.
• To be classified in an energy class category lower than or equal to C, based on the Energy Performance Certificate (PEA).

The Program covers eligible costs up to 32,500 euros, for the energy upgrade and renovation of a residence. Specifically by subsection:

1. Επιλέξιμος προϋπολογισμός «Εξοικονομώ»: Έως 22.500 ευρώ.

   Το πρόγραμμα καλύπτει από 45% έως 90% του ποσού των επιλέξιμων ενεργειακών παρεμβάσεων, ενώ το υπόλοιπο ποσό μπορεί να καλυφθεί από άτοκο δάνειο.

2. Επιλέξιμος προϋπολογισμός «Ανακαινίζω»: Έως 10.000 ευρώ.

   Μέσω του «Εξοικονομώ – Ανακαινίζω για Νέους» καλύπτεται έως και το 30% του ποσού των επιλέξιμων παρεμβάσεων ανακαίνισης ενώ το υπόλοιπο ποσό μπορεί να καλυφθεί από χαμηλότοκο δάνειο έως 7.000 ευρώ.

The percentage of the subsidy is graduated, depending on the income category to which the applicant will belong and is defined as follows:

Special care is provided for applicants who have many children, with an additional grant (bonus), amounting to 15%.

"Save - Renovate for Young People" is a program that is fair to citizens, as a network of social, economic and energy criteria is applied for their inclusion, as shown below:

The Minister of Environment and Energy, Kostas Skrekas, said:

"For the first time we are launching a program that supports young men and women so that they can start their lives in a decent home, start their own family, make plans and create. With the right incentives and the necessary financial tools, our young people can now renovate an old house they own and improve energy efficiency to have a permanently low energy bill.

And in this program of our Government, the main priority is the support of vulnerable households, single-parent families and families with many children. We continue to have the most productive and hopeful part of our society, the young people, at the forefront of our policy."

You can download the gazette with the program guide from here

SOURCE: news.b2green.gr