Square meter cap for rent assistance is increased to eight euros

2023-06-14 10:06:00

Housing consultant Deputy Governor Manfred Haimbuchner sends an ordinance for assessment that provides for a higher cap for housing assistance. Haimbuchner announced this in a press conference today, Wednesday. This cap will be increased from seven to eight euros net rent (including sales tax without operating costs). This is because the rents from data in Statistics Austria exceeded seven euros for Upper Austria for the first time in 2022, namely for fixed-term leases (7.10 euros). The subsidy cap will be raised to eight euros, retrospectively for rents since January 2023

Haimbuchner is thus fulfilling a demand made by SP President Peter Binder and the Chamber of Labour. Haimbuchner argues that he has always said that if the numbers approach the subsidy limits, he will act. He did. Maintaining a limit has a price-dampening effect.

The rental subsidy ceiling of EUR 300 per apartment will not be raised. “Otherwise the tenants would look for apartments that are too big,” says Haimbuchner.

From January to the end of May, 593 applications were rejected because the rent was too high, and these people might apply once more. During this period, housing assistance was granted 12,190 times and rejected 3,543 times. The number of initial applications rose from 1745 to 2069 this year, Haimbuchner said when asked.

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Sigrid Brandstaetter

Deputy Head of Economics Department

Sigrid Brandstaetter

Sigrid Brandstaetter

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