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Hessengeld decided: conditions, amount and requirements
Current information about Hessengeld: Find out who benefits from the new regulations and what requirements must be met. The Hessian state government is implementing an important goal. Ministry of Finance clarifies details on the application.
Hessengeld decided: conditions, amount and requirements
The Hessian state government introduced Hessengeld retroactively from March 1, 2024. This program aims to support people who want to purchase a home for the first time. The amount you receive varies depending on your individual circumstances and is paid in ten equal installments. For example, a family of four does not receive the full amount of 30,000 euros immediately, but rather 3,000 euros annually over ten years.
The Hessengeld is only aimed at people who purchase their first self-used property in Hesse and have to pay property transfer tax. It excludes inheritances, donations and the construction of real estate on land already owned. People who already own a property are excluded from Hessengeld.
The state government assumes that around 23,000 acquisitions per year could be relevant for the Hessengeld. The promotion applies to purchases made from March 1, 2024. Applications can only be submitted digitally and must contain a range of documents, including identity cards, property transfer tax notices and sales contracts. The government's goal is to make the first payments of Hessengeld this year.