Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

Significant Detail Revealed About the Home Renovation Program

A crucial piece of information has been disclosed regarding the new home renovation program: the amount of non-repayable support one can receive will depend on the income conditions characteristic of their municipality.
While this was previously known, the Ministry of Energy and the Ministry of National Economy have now revealed where the boundaries are set. The most significant support will be available to those whose place of residence has a net average monthly income below 312,450 forints.

The government is gradually releasing details of the home renovation program, intended to be announced in early June, just days before the municipal and European Parliament elections, with a total budget of 108 billion forints. It has now been clarified how differentiation will be made among applicants from different municipalities, indicating how much personal contribution will be required in the energy renovation of family houses targeting investment.

Through the program, an investment of up to seven million forints per applicant can be supported, provided that these investments achieve at least a 30 percent energy saving on the property. The majority of the amount will be personal contribution: one million forints must be initially invested, with six million forints financed partly through subsidized loans and partly through non-repayable grants under the National Recovery and Resilience Plan REPowerEU chapter.

It was already known that the non-repayable support would vary for everyone, depending on the district income conditions – how much the local average income deviates from the national average – to determine whether 2.5 or 3.5 million forints of the six million would be waived. On Friday, the Ministry of Energy and the Ministry of National Economy shared the details in a joint communication:

- Applicants in areas where the income does not reach 75 percent (312,250 forints net*) of the national average can access the highest support of 3.5 million forints according to the ministries, there are 63 such districts;

- Those in areas where the local average income falls between 75-110 percent (312,450 to 458,260 forints) of the national average can receive three million forints in support a characteristic of 96 districts,

- The lowest support, amounting to 2.5 million forints, will be available to those whose place of residence has an average income exceeding 110 percent of the national average (at least 458,260 forints net monthly) there are 38 such districts.

According to the latest data from the Hungarian Central Statistical Office, the national net average income of full-time employees, taking into account benefits, was 416,600 forints.

The ministries also noted that:

- The investment can exceed the seven million forints cap, but the supported financing can only be availed up to six million forints, requiring at least one million forints of personal funds,

- The support can be claimed for investment plans in family houses lived in on a habitual basis, including both single and multiple dwelling houses.

They also reminded of the nature of the supported works:

- Insulation of external limiting elements of the building,

- Replacement of doors and windows,

- Modernization of the domestic hot water system,

- Upgrading the heating system with a high-efficiency gas boiler, including related chimney lining and associated radiators (raising questions about whether the installation of central heat pumps or heat pump air conditioners would also be supported).

The program will be managed by the technical assisting organization of the Hungarian Development Bank Plc., the ÉMI Non-Profit Limited Company for Quality Control and Innovation in Building. Applications can be submitted at the commercial banks' MFB Points, expected from early summer until the end of 2026. According to the ministries, social consultation of the program is expected to begin in the coming weeks.
AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
Senate Scrutinises AI-Driven Personalised Pricing
Spain Seeks Mainland Transfers for 1,100 Children Stranded in Ceuta
Spain and Morocco Trade Blame After 72,000 Migrants Enter Ceuta
AI Is Remaking the US Economy, From GDP Growth to iPhone Prices
Europe’s Heat and Drought Are Now Disrupting Power, Shipping and Tourism
Europe’s Drying Rivers Trigger Power Cuts, Factory Shutdowns and Wildfire Emergencies
Record-Low Danube Forces Nuclear Cuts and Emergency Power Curbs
Danube Drought Forces Hungary’s Paks Nuclear Plant Into Full Shutdown
Ceuta Death Toll Rises as Spain and Europe Clash Over Border Response
Valued at $109 Million: F-35B Fighter Jet Crashes in Southern California
Record-Low Danube Exposes Probable Mammoth Remains in Bulgaria
US Says It Has Carried Out Heavy Strikes on Iran After Attempted Attacks on Its Forces
The AI User Nightmare: Private Claude Conversations Leaked to the Internet
Over 24 Hours in the Air: Qantas Airbus Completes Record-Breaking Test Flight
Massive Wildfires Ravage Southern Europe: Fatalities in Greece and Evacuations Across France, Spain, and Turkey
Nvidia Reportedly Takes Vast Texas Data-Centre Lease to Underwrite AI Expansion
FIFA’s Private-Investment Plan for World Cup Rights Draws European Revolt
Apple Briefly Crosses Five Trillion Dollar Valuation as Investors Retreat From AI Bets
Fresh Heatwave Threatens to Rekindle France’s Historic Wildfire Crisis
Following OpenAI's Cyberattack: 'Most Companies Still Do Not Understand What Is Coming'
OpenAI Sued After ChatGPT Allegedly Discouraged Emergency Care Before Near-Fatal Embolism
Miliband Sets Climate and International Law at Centre of UK Diplomacy
Czech Central Bank Governor Rejects Early Euro Entry and Rate-Cut Pressure
Trump Readies New Tariffs as Temporary Global Levy Nears Expiry
Vivienne Westwood Casts Cicciolina, 74, in Its New Autumn Campaign
Dejavu: Germany’s Military Expansion Reshapes Europe’s Strategic Balance With France
Morgan Stanley Builds a Wall Street Lead in AI Infrastructure Finance
High Prices Push Coffee Drinkers Toward Whole Beans and Home Brewing
Trump Draws Boos and Podium Scrutiny at Spain’s World Cup Triumph
Brilliant move: Péter Magyar Moves to Nominate Chess Grandmaster Judit Polgár as Hungary’s President
Spain Defeats Argentina in Extra Time to Win Second World Cup
Current AI Seeks to Build an Open Global AI Infrastructure Outside Big Tech Control
Germany’s Economic Malaise Reopens the Sunday Shopping Debate
Proposed U.S.-Saudi Nuclear Pact Could Permit Limited Uranium Enrichment Under International Safeguards
Netherlands Declares Water Shortage Emergency After Drought Pushes Rivers to Historic Lows
Why Kentucky Fried Chicken Became KFC—and Why the False Explanations Persist
Ukrainian Drones Strike Wildberries Warehouses Deep Inside Russia
Reported CIA Mission Helped Clear the UAE’s Path to Advanced US AI Chips
Artificial Intelligence Capital Fuels Markets While Governments and Regulators Face Mounting Strategic Tests
China’s Moonshot’s Kimi K3 Narrows the Gap With Anthropic Through Scale, Openness and Lower Cost
The Ledger Will Not Trust on Faith
Trump Administration Pressures Banks to Restrict Financial Access for Undocumented Immigrants
Passenger Bound for Germany Refused to Sit Beside a Woman on a Plane — Then Slapped a Flight Attendant
Ukraine’s Leadership Rift Spills Into the Streets as Protesters Target Army Chief
Ukrainian Drone Barrage Kills Eight and Strikes Russian Logistics Network
The Ten World Cup Finals That Defined Football History
Smartphones Are Getting More Expensive, Sales Are Collapsing, and Even Apple Admits: "Prices Will Rise"
The Monaco Bombing Has Become a Test of Ukraine’s Intelligence Accountability
Leadership Change and Strategic Rivalry Redraw the Political Map
The AI Race Enters Its Infrastructure Era
×