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Thursday, May 23, 2024

real estate. “Safe Loan 2 Percent”. It’s a Senate decision

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On Thursday, the Senate adopted a resolution on the adoption of the act on state aid in saving for housing purposes with amendments. The regulation introduces the so-called safe credit and housing account and defines the rules of assistance for entrepreneurs in connection with the closure of the border crossing.

On Thursday, the Senate adopted a resolution on the adoption of the act on state aid in saving for housing purposes, with amendments. 94 senators voted for the resolution, 1 senator abstained from voting, none voted against.

Senate decision

On Thursday morning, the combined Senate infrastructure, budget and public finance committees issued a negative opinion on the amendment to the act on state aid in saving for housing purposes, introducing a safe loan and housing account. The rejected amendment was tabled at the plenary session of the Senate and would change the interest rate on “safe credit” from 2 to 0 percent.

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Earlier, senators Ryszard Świlski (KO) and Jan Hamerski (PIS) also submitted amendments amending the rules of assistance for entrepreneurs in connection with the closure of the border crossing. As Hamerski informed, the amendments change the threshold for a decrease in revenue, which will be a condition for obtaining compensation, from 50 to 25 percent. and increase the amount of aid. – In addition, the assistance will cover not only situations where the border crossing was closed this year and later, but also cases where the border crossing was closed no later than November 9, 2021. Thanks to this, entrepreneurs operating in the vicinity of the closed border crossing in Kuźnica will also be covered help. The estimated cost of the aid will amount to approx. PLN 22 million. It will be financed from the general reserve of the state budget – said Hamerski.

The committees also voted in favor of adopting a number of legislative and clarifying amendments.

Cheap home loans

In mid-April, the Sejm adopted the act on state aid in saving for housing purposes. The regulation introduces the so-called a safe loan and a housing account, it also enables indexation of subsidies to rent under the Mieszkanie na start program, limits assignments of reservation and development contracts, and increases this year’s limit of expenditure on social and municipal housing. The act also includes provisions enabling the payment of compensation to entrepreneurs in connection with the closure of the border crossing in Bobrowniki.

According to the act, “safe credit” with a periodically fixed interest rate a person up to the age of 45 will be able to enlist; if the loan is granted to both persons running the household, the age condition will have to be met by at least one of them.

The amount of the “secure loan” cannot exceed 500,000. PLN or – if the borrower runs a household together with his spouse or has at least one child – PLN 600,000. zloty. Own contribution cannot be higher than 200,000. zloty. In the absence of own contribution or incomplete contribution, it will be possible to use the guarantee of Bank Gospodarstwa Krajowego.

“Safe loans” will be granted by banks that will conclude an agreement with BGK in this regard.

The Act introduces a special savings account. Regular payments (at least 11 payments per year in the amount of at least PLN 500) will guarantee an additional housing bonus from the state budget. The bonus will be equal to the annual index inflation or the price change index for 1 square meter of usable floor space of a residential building. Each year, an indicator more favorable for the saver will be selected. Savings will additionally bear interest in accordance with the bank’s offer, while interest will be exempt from the so-called beam tax.

The provisions also aim at eliminating the possibility of trading in assignments of reservation, development and other contracts obliging the buyer to transfer the rights to a flat or a single-family house. A ban on the assignment of the reservation agreement will be introduced (except for the assignment made to family members). In addition, the possibility of assigning a development contract will be significantly limited. Apart from cases of assignment to family members, such an agreement may be assigned if it concerns no more than one residential unit and is made by the buyer who has not made a similar assignment of another development agreement within 3 years.

Compensation for companies

Provisions on compensation for entrepreneurs from the state budget in the event of a temporary suspension of traffic at the border crossing were added to the Act on the protection of the state border. They will be available to people conducting business activity in the area of ​​the commune in which the closed border crossing is located in the field of: gastronomy, currency exchange, retail sales and – also in the case of farmers – the provision of hotel services.

The condition for obtaining compensation will be a decrease in revenues in the month in which the temporary suspension of traffic at the border crossing was in force, by at least 50 percent. in relation to the income obtained in one of the two preceding months or in the same month of the previous year. In addition, you cannot be in arrears with tax and social security payments.

Compensation will be granted at the request of the entrepreneur or farmer submitted to the voivode. Its amount is to correspond to the amount of the minimum wage for each insured person reported to ZUS or KRUS. You will be able to receive support up to three times in a calendar year.

The regulations on a safe loan and housing account are to come into force on July 1 this year. Changes in the scope of reservation and development agreements will become effective after 30 days from the date of announcement. Compensation due to the closure of the border crossing will come into effect the day after the announcement.

Main photo source: Shutterstock/ Photocon



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