Rehabilitation of Vacant Dwellings

Rehabilitation of Vacant Dwellings

a. 1Y The minimum time that the dwelling has been vacant;
b. €50,000 Maximum Grant;
c. 10Y Lease to the Authority;
d. 2% Rent increase per annum;

Refurbishment of Common Parts

Refurbishment of Common Parts

a. €6,000 Maximum grant;
b. Applicable only to Social Housing Blocks;
c. Tenants are required to form a Residents’ Association;
d. Tenants must contact their Local Council;

Regeneration of Façades

Regeneration of Façades

Social Housing Blocks are selected by the Housing Authority based on the state of deterioration of the façade

Installation of Lifts

Installation of Lifts

a. €500 Deposit to be paid;
b. 1+ Tenant with a mobility issue;
c. 1+ Tenant recognised by the government;
d. All Residents must be part of a Residents’ Association;

Development of HOS Plots

Development of HOS Plots

a. >18 Age;
b. Owners of HOS Plot;
c. 25% Maximum development fee waived;

Tax Reduction Scheme

Tax Reduction Scheme

a. 100% Tax exemption if the property has been leased for 10 years;
b. 50% Tax deduction if the property has been leased for 3 years;
c. €200,000 Maximum home value exempt from tax;

New Hope Scheme

New Hope Scheme

a. 2 Life Insurance providers refused the applicant or;
b. 12 Months Insurance application deferred or;
c. 250%+ Average policy premium quoted;
d. €250,000 Maximum home value insured;

Grant on First Residence

Grant on First Residence

a. 1° Property has to be first residence;
b. >24 Age;
c. €5,824 Maximum grant;

Sir Sid Darek 2

Sir Sid Darek 2

a. % Subsidy on the price of the property to be purchased;
b. Localities Valletta, Senglea Xatt ir-Risq, Imtarfa, Pembroke, Sliema Tignè, Marsaskala Qasam tal-Bujar;
c. Transfer Property can be transferred as long as subsidy is refunded;

Sir Sid Darek

Sir Sid Darek

a. Property must be owned by the Housing Authority;
b. Applicable to recognised tenants;
c. 50% Discount on price if applicant possesses less than €150,000 in assets;