News item | 19-12-2025 | 3:00 PM
From 1 January 2026, housing associations can borrow up to a maximum of € 4.4 billion for their housing construction task. This is now a maximum of €3.5 billion. This gives large corporations more room to invest in new social housing and improving and making the existing stock more sustainable. For the entire housing association sector, there will be approximately € 1.5 billion in additional investment space over the next ten years, according to a calculation. The extra borrowing space is created because the Social Housing Guarantee Fund (WSW) is introducing a new methodology for the maximum deposit. The WSW guarantees the loans of corporations.
The WSW uses two boundaries that coexist. The lowest limit is used as the restrictive limit. The so-called nominal limit is expected to be the most relevant limit in the coming years. The maximum deposit on the nominal value, which is based on the total of loans at the original amount, will be indexed retroactively and annually from now on. From January 1, 2026, this limit will increase to a maximum of €4.4 billion. In addition, a limit applies based on the current market value of the loans.
National performance agreements
The government, housing associations and municipalities have agreed through the National Performance Agreements to structurally build 30,000 new social rental homes per year from 2029. The higher maximum deposit gives large corporations more room to realize this.