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Economy & Policy

More than 50,000 families have applied for home renovation support

The government seeks to help winners of the grant raise their children in better conditions.

More than 50,000 families have already applied for home renovation support worth a total of about HUF 65 billion, Katalin Novák, the minister without portfolio responsible for families, announced on her Facebook page.

The minister added that the number of people eligible for the grant has expanded, as those with a public debt of less than HUF 5,000 can now also apply.

Novák emphasized that families with a child who is about to be born can apply for home renovation funds as well. In addition to the non-repayable support of up to HUF 3 million, those eligible can apply for a home renovation loan of HUF 6 million at a favorable interest rate.

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