ICF lends to a social entity or municipality to buy dwellings for social rental, which are to be requalified as HPO. Eligible purchases may result from the Generalitat’s statutory tanteig i retracte rights or from a sale contract; being a housing cooperative alone does not prove social-entity eligibility. Confirm legal status, AHC eligibility for interest subsidy, HPO conversion, and the underlying purchase before applying through ICF’s digital bank.
The current product states €25,000 minimum, up to €10 million per borrower and €130,000 per dwelling, financing up to 100% of purchase and rehabilitation cost. Term is up to 30 years with up to two years’ grace. The published benchmark is a fixed equivalent of six-month Euribor plus 1.1%, with a two-percentage-point AHC subsidy for eligible projects; the per-operation fixed quote lasts three months. Opening fee is up to 0.50%, early repayment up to 0.25%, plus swap cancellation costs. Prudential-finance entities do not receive the subsidy. This buys existing rental stock; it is not a construction or member-share loan. See ct-icf-habitatge-social-promocio, ct-cooperativa-sense-anim-lucre, and ct-habitatge-protegit.
Related
- ct-icf-habitatge-social-promocio — new construction channel
- ct-habitatge-protegit — conversion and household qualification
- ct-diba-adquisicio-habitatges
- ct-tpo-cooperativa-sense-anim-lucre