More than 112,000 families have applied for construction allowance since the state subsidy was introduced last year. Families and single parents with children who build a house or buy a real estate can apply for the grant. Contrary to what has often been criticized, the Baukindergeld actually reached many families with low incomes and small children. This shows an evaluation of the Ministry of Interior, the news agency dpa present. Around 43,000 families have already received the first money or a payment confirmation by the end of June. The KfW banking group, which is responsible, is still working on the applications.
Around 60 percent of the previous 43,000 construction-cost recipients had a household income of up to € 40,000 before tax, and about 40 percent even had not more than € 30,000, the Ministry of the Interior reported. In addition, the promotion primarily reaches young families with small children. Every third family has children under the age of two, two-thirds of the families have preschool children. This refutes the fears of the opposition and associations, the Baukindergeld help mainly families from the upper income groups, who could afford a home anyway.
The Baukindergeld resembles the former homeowner's allowance. Since last year, parents who build a house or buy a property can apply for a state subsidy of € 1,200 per child - € 12,000 in total. With more children there are correspondingly more money. Families and single parents with a taxable household income below 90,000 euros per year can apply for the grant. For larger families, the limit is higher. Applicants must obtain a building permit or sign a purchase contract by 31 December 2020. You have to live with the children in the house or apartment. In addition, they may not buy the property from direct relatives and can apply for the grant only once.
The Federal Government has earmarked almost ten billion euros for the Baukindergeld over three years. By the end of June, according to figures from the KfW banking group, around 2.33 billion euros had already been planned. If the money is used up, the federal government will not do anything according to previous plans. Most applications until the end of June came after KfW data from North Rhine-Westphalia, Baden-Württemberg and Bavaria - the least from the city states of Hamburg, Berlin and Bremen and from the Saarland.