Kredex opens home support round for families with three or more children

KredEx logo.
KredEx logo. Source: (Postimees/Scanpix)

Families with at least three children up to the age of 19 and an average income per family member of €355 or less will be able to apply for financial support from state fund Kredex to fix up their homes starting May 29. The state has allocated €3 million for the purpose.

The money is intended for families that don’t have a home, or whose home doesn’t provide elementary comforts, such as running water, a working sewage system or washing facilities. Other points include a roof that doesn’t leak, or a lacking or missing heating system.

The maximum amount families can apply for is €8,000, and €5,000 if a family has applied for this kind of support payment before.

Kredex is a state-run fund that supports businesses and individuals with loans, risk capital, and financial guarantees as well as with contributions to making housing energy efficient.

Editor: Dario Cavegn

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