Katalin Novák, Minister for Family Affairs, has announced that more than 184,000 families have benefited so far from the government’s family home purchase subsidies (CSOK) and more than 25,000 families applied for the home renovation subsidies since the latter scheme was launched early this year.
According to MTI, Novák said payouts of more than HUF 20 billion (EUR 57m) in home renovation subsidies had been made already. These families also applied for state subsidised home renovation loans of HUF 24 billion. Under the scheme, the government is offering to cover up to half of home renovation costs, with a grant capped at HUF 3 million, for families with at least one child. Households can take out a subsidised loan to cover the other half of project costs.