Financing of housing adaptations

"It often only takes a few simple steps, such as removing tripping hazards or rearranging
removing tripping hazards or rearranging objects to minimize sources of danger and make everyday life easier.

Other measures can be implemented with relatively little financial outlay, such as installing grab rails or using simple aids. However, costly conversion measures are often required when adapting apartments or houses.
Sometimes the individual measures carried out
measures can add up to several tens of thousands of euros.
(Source: Lower Saxony office "Neues Wohnen im Alter")

Photo: pixabay.com

Credits and loans

Important: all applications for this must be made before the conversion!

• from the KfW Bank or the NBank Lower Saxony, with funding via the state of Lower Saxony.

• via your nursing care insurance fund. Once you have a care level, you can use up to 2,557 euros for care-related conversions. Before the measure, several cost estimates, as well as an application are necessary. Find out more from your care insurance fund or at the care support center.

• about social assistance in the form of integration assistance;
  according to SGB XII, the social welfare office can grant benefits to improve the living situation of elderly and disabled people. The prerequisite is that no other cost bearer is available and the assumption of costs is not possible/not reasonable for the persons concerned or their relatives; consideration of the income situation of the applicant as well as the first-degree relatives in a straight line (parents, children). There must be a need for assistance or care or a disability. The concept of care is broader than that of long-term care insurance. The basis is the integration assistance (Chapter 6, SGB XII) as well as the assistance for care (Chapter 7) or the assistance for the elderly according to § 71 SGB XII.

City of Wolfsburg

• The also provides pro rata funding for housing adaptations for citizens
  over 60 years of age. These subsidies are income-dependent, so there is a grant of up to 4,000 euros if the annual income does not exceed 17,000 euros for individuals and 23,000 euros for couples, otherwise a loan is granted. This subsidy must be applied for before the renovation work begins.