Best Practices

Financial support of first flat purchase for generations under 40

1. Name of the practice

Financial support of first flat purchase for generations under 40

2. City

SZOLNOK (HUNGARY)

3. Years in operation

2018 –

4. Objectives

To support those young inhabitants from Szolnok, who want to settle down in Szolnok

5. Description - overwiew

Depending on the applicants’ income and the number of children in the household, the local government gives financial support to those young people who want to purchase flat in Szolnok.

6. Field of application

Economic support, housing.

7. Target

Generations under 40

8. Budget

20.000.000 HUF (59.162 EUR)

9 Evaluation - impact - outcomes

In 2018, 34 single inhabitants or couples purchased flats in Szolnok with this subsidity.