News item | 29-03-2023 | 9:00 am
On 6 December 2019, the contours of the financial reassignment guarantee were announced. The guarantee offers investors (usually a housing corporation) more certainty for investing in flexible homes, by increasing the chance that a second and subsequent location will be found for the homes. In addition to a best-efforts obligation for the owner of the flex homes, the guarantee also provides support for relocation. 220 million euros has been made available in the national budget for the reassignment guarantee. Today, the government is sharing a first further elaboration of the conditions of the guarantee. With this, the Minister for Housing and Spatial Planning offers housing corporations and municipalities tools in the run-up to the definitive opening of the guarantee.
First explanation of conditions and calculation tool
The Explanation to the Conditions is a first elaboration of the contour memorandum financial reassignment guarantee adopted on December 2, 2022. The explanatory notes discuss the conditions for participation, conditions for invoking compensation and conditions for the calculation of the compensation. The visual provides an overview of the explanation at a glance. In addition to the explanatory notes, the government provides a calculation tool that housing associations can use to make a fictitious calculation of the financial effects of the guarantee. With the Explanation of the Conditions and the calculation tool, the government enables housing associations and municipalities to estimate what the guarantee means for flexible housing projects. In this way, the parties involved can take the effect of the guarantee into account in plan development and investment decisions.
Prior to opening
The final elaboration of the financial reassignment guarantee will continue to take shape in the coming months. The aim is that by the end of April, after further political decision-making, the government will be able to provide more clarity about, among other things, the application and assessment procedure, the guarantee agreement and the implementation organization (guarantee management and the market manager function). Follow the website for this www.volkshuisvestingnederland.nl.