NRW.BANK — housing funding NRW
NRW.BANK housing funding, modernisation and home-ownership programme — combinable with KfW 261 and listed-building depreciation. For investors in Cologne, Düsseldorf, Bonn and the Ruhr area.
NRW.BANK programmes at a glance
NRW.BANK housing funding
Core programme for rental construction and modernisation. Low-interest loans with long terms. Relevant for Cologne, Düsseldorf, Bonn and the Ruhr area.
NRW.BANK modernisation programme
Energy and structural modernisation of rental flats — combinable with KfW 261. Especially attractive for listed stock in Cologne and Düsseldorf.
NRW.BANK home-ownership programme
Home-ownership funding for families with children in NRW — income-dependent. Available even in high-price locations such as Düsseldorf and Cologne.
NRW specifics for investors
Transfer tax 6.5% — together with Brandenburg, Thuringia and Saarland the highest rate in Germany. On a purchase price of €400,000: €26,000 transfer tax alone. Total ancillary costs approx. 9–12%.
Cologne: the largest NRW market, stable demand. Listed stock in the city centre and Ehrenfeld with refurbishment shares up to 90% — combinable with the NRW.BANK modernisation loan and KfW 261. High rental demand.
Düsseldorf: premium locations such as Oberkassel, Düsseltal, Pempelfort. Low vacancies, high rents. QNG new builds combinable with NRW.BANK too.
Ruhr area: Essen, Dortmund, Bochum — cheaper purchase prices, lower yield expectations. NRW.BANK structural-change programmes apply additionally here.
Application process NRW.BANK
- Funding check: align NRW.BANK + KfW + bank loan + any listed-building depreciation
- Application through the financing house bank
- Document rent and occupancy commitments for NRW housing funding
- Application sequence before the purchase contract or the start of the measure
Frequently asked questions
What does the NRW.BANK fund?
Why is the transfer tax in NRW so high?
Are listed buildings in Cologne worthwhile?
Funding in other federal states
L-Bank Baden-Württemberg — housing funding
State funding.
View page → Federal stateLfA Bavaria — housing funding with tax advantage
State funding.
View page → Federal stateIBB Investment Bank Berlin — housing funding
State funding.
View page → Federal stateNorthern Germany funding: IFB Hamburg · NBank · ILB Brandenburg
State funding.
View page → Federal stateWIBank Hesse — housing funding
State funding.
View page → Federal stateRLP & Saarland funding: ISB Rhineland-Palatinate · SIKB Saarland
State funding.
View page → Federal stateSAB · IB Saxony-Anhalt · TAB
State funding.
View page →Check the funding for your project
I check state funding, the KfW combination and the right bank for your property — free, non-binding, in German and Russian.