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mixins.searchInfo_searchTermApply for funding for youth hostels

Apply for funding for youth hostels

Source: BUS Rheinland-Pfalz

You can receive funding from the Federal Employment Agency for the conversion, modernization, extension, new construction and equipping of a youth hostel. It can support your project either as a pro rata interest subsidy or as a pro rata one-off grant.

You can receive funding for the following measures:

  • Conversions and modernization work such as:
    • Thermal insulation and other energy-saving measures
      • Note: Excluded are measures that can also generate income (e.g. solar systems or combined heat and power plants that also feed electricity into the public grid)
    • Elimination of structural defects
    • Improvement of the layout and functional processes of the apartments
    • Sound insulation measures
    • Improvement of water supply and disposal,
    • Improving the power supply
    • Accessibility measures
    • Internet access
    • Fire protection measures
    • Implementation of safety standards
  • New building
  • Extension of a hall of residence
  • New equipment

Special features for the respective form of grant:

Interest subsidy

You can receive an interest subsidy to reduce the cost of a loan. The relevant Operative Service at the Bochum Employment Agency will be happy to explain the specific calculation of the subsidy amount to you.

One-off subsidy

The amount of the subsidy is 35 percent and in special cases a maximum of 40 percent. The subsidy is limited in time.

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