Building renovations in recent years increase energy efficiency and accessibility has grown exponentially to adapt to the needs of the current context. an accompanying phenomenon increase in loans to owner communities A business at Deutsche Bank that has continued to grow in value this year.
Deutsche Bank launches Avanza Loan. More than 25 years of experience in the industry It is an area of the Bank that specializes in financing energy efficiency and accessibility projects for and owner communities.
More and more property owner communities are seeking loans to rehabilitate their buildings.
To this end, 50% of the work financed by Deutsche Bank’s Avanza Loan has been focused. improve the accessibility of buildings in owner communities by installing elevators and access ramps. In the same vein, their work improving energy efficiency represents the remaining 50% – 90% of the total corresponds to the insulation of the facades and 10% to the replacement of coal-fired boilers and the installation of photovoltaic panels for self-consumption.
One of the major financial aids available, European Next Generation fundsis framed in the Plan for Recovery, Transformation and Resilience in Spain. Among other things, the intended assistance rehabilitation of buildings to increase energy efficiency.
50% of the financing from Avanza Kredi is directed towards improving the accessibility of the buildings of the property owners’ communities. The remaining 50% is allocated to efforts to increase energy efficiency.
This is a unique opportunity to take advantage of these funds. 3,420 million euros, aimed at communities funding the rehabilitation and refurbishment of homes. According to the European Commission itself, it is a measure aimed at accelerating the economic transformation of economies, as well as helping economies recover after the effects of the coronavirus pandemic. a “greener and more flexible” directionin line with the new European sustainable guidelines.
Likewise, Spain is going through a transition period. improve energy efficiency and environmental commitment. As part of this motivation, the Long-Term Strategy for energy rehabilitation in the construction sector in Spain, supported by the Ministry of Transport, Mobility and Urban Agenda, most Energy improvement of 1.2 million homes. A will that accompanies the government’s target of reducing the final energy consumption of the building sector by 36.6% by 2050.
In this context, in addition to the environmental benefits, updating the buildings also brings benefits to its communities that should be considered. as an opportunity to take advantage of One-time public assistance, tax breaks, reductions in certain related taxes, or reassessment of property.
Looking to 2050, the Spanish Government aims to reduce the final energy consumption of the construction sector by 36.6%.
A clear example of the impact of these improvements is the neighborhood of the Airport in Madrid. As Joaquín Solis, CEO of Neuban, the construction company responsible for the reform, stated, with the help of Avanza Credit, “energy efficiency improvements have been made, the heat demand per building has decreased by an average of 60%, what does that mean? fewer local pollutants and 1,000 tonnes less CO2 emissions per year”. Changes that “change our lives,” according to José Luis Cañabete, president of the Airport Neighborhood Association. And so much so that, despite knowing that “there are still pending jobs”, they look to the future with optimism since their investment. “It also increased the value of our homes”.
THE NEW GENERATION EU: KNOW HOW TO USE EUROPEAN FUNDS
10.8% of Next Generation EU funds in the Community of Valencia, according to data provided by the Ministry of Transport, Mobility and Urban Agenda, rehabilitation of residential properties to increase energy efficiency.
In addition, in accordance with this measure, the aim to achieve as the primary objective, Rehabilitation of 17,314 houses by 2023.
As stated by the Generalitat Valenciana, it is necessary to take advantage of these funds for the rehabilitation of buildings: 70% of the surface is used for residential purposes, owners association agreementis a manager or rehabilitative representative figure, Reduction of non-renewable primary energy consumption by at least 30% and getting the work done within 26 months. In residences, this is the usual and permanent address and 7% reduction in cooling and heating demand or at least 30% in non-renewable primary energy consumption.
Source: Informacion
Christina Moncayo is a contributing writer for “Social Bites”. Her focus is on the gaming industry and she provides in-depth coverage of the latest news and trends in the world of gaming.