KfW Housing Modernisation Programme II

Funding of modernisation of residential units in building stock units up to year of construction 1948, listed buildings and buildings with a minimum of nine storeys with year of construction after 1948; upgrading with elevators of buildings with a minimum of five storeys and industrial residential property construction buildings without previous modernisation/restoration funding. Of the total lending amountabout 15 % was attributable to energy-saving measures in the period under review.

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