Employers request new subsidy for start-up loans

The employers' organizations MKB-Nederland and VNO-NCW have asked the cabinet to reserve 50 million US dollars again this year for start-up loans. The two organizations wrote this in a letter to the Lower House at the end of October.

Subsidy for start-up loans applied for
Subsidy for start-up loans applied for

According to the organizations, this can support early recovery. In addition, the subsidy will stimulate households' relocation plans. MKB-Nederland and VNO-NCW argue that the recovery is now mainly supported by start-ups. Both organizations say that starters can get the housing market going and keep it going. The employers' organizations emphasized that starter loans play a crucial role in attracting the housing market.

The Economic Institute of Construction (EIB) has made an estimate. According to this estimate, the 13,000 start-up loans will generate 22,000 extra sales on the housing market and the purchase of 8,000 new-build homes.

Grant pot almost empty
The employers' organizations announced that the subsidy for start-up loans is almost empty. Starters will therefore soon no longer be able to use this. In 2013, the cabinet and the municipalities each made USD 50 million available for additional start-up loans. With a starter loan, a starter can buy a more expensive home than with a regular mortgage. In September of this year, Minister Stef Blok announced that he will not expand the scheme. According to him, the crisis measure has done its job.

MKB-Nederland and VNO-NCW think that a new subsidy for starter loans can not only have a positive effect on the housing market. The construction-related sectors can also benefit from this. For this reason too, a new subsidy for start-up loans is beneficial.

Published November 12, 2014 at 10:28 am by the editorial team .

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