Affordable Rental Housing

Domů Affordable Rental Housing

Affordable Rental Housing

The programme is designed to support residential development projects with the objective of increasing the number of rental apartments and improving their affordability.

In cooperation with the Ministry of Regional Development, we are launching a programme focused on supporting affordable rental housing. The programme enables favourable financing of housing projects through subordinated loans. Its objective is to efficiently leverage private-sector capital, encouraging investors not only to develop and sell housing units, but also to own, manage, and rent them out for a minimum period of 20 years.

A total of CZK 2.25 billion has been allocated to the programme, supporting the development of hundreds of apartments that will provide quality housing with regulated rent levels.

Programme Parameters and Benefits

Loan Amount

CZK 100 million – 1.2 billion

Fixed Interest Rate for the entire loan term

1–2% p.a.

Loan Maturity

Up to 25 years

Loan Drawdown Period

Up to 48 months after signing the loan agreement

Grace Period

Up to 6 years

Loan Type

Subordinated Loan

Purpose of the Programme

The programme is intended to finance both the preparation and construction of new residential developments, as well as the renovation and modernisation of existing properties for future long-term rental housing.

SPECIFIC FEATURES OF THE NRB SUBORDINATED LOAN

The preferential subordinated loan provided by the National Development Bank (NRB) is offered as co-financing alongside a senior loan provided by another financial institution.

The loan is secured by a second-ranking mortgage charge on the property, subordinate to the senior lender's security interest, for the duration of the senior loan repayment schedule.

WHO IS THE PROGRAMME FOR?

Municipalities, Cities, and Public Institutions

Entities seeking to improve the availability of rental housing for their residents.

Property Developers

Development companies looking for favourable financing for residential housing projects.

Institutional Investors

Investors seeking to diversify their portfolios and participate in projects with a positive social impact.

WHO WILL BENEFIT FROM AFFORDABLE RENTAL HOUSING?

Young people and families under the age of 35, as well as senior citizens without access to owner-occupied housing.

Key Public-Service Professionals, doctors, nurses, firefighters, police officers, teachers, and social workers.

Documents and Further Information

Detailed programme information, application forms and submission guidelines are available on the Czech version of the programme website.

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