INTIEANetherlands · Green MortgagesPolicyIn force

Green Mortgages

For two years starting in November 1996, "sustainably built" houses could be financed in part with lower interest rate loans. Houses costing NLG 400 000 (US$ 188 000) or less could qualify for a green mortgage. A buyer could receive a loan of up to NLG 75 000 (US$ 35 000) for…

Last changed 14 years ago.

Extracted view for reading · Original for compliance evidence

Lifecycle

EffectiveJan 01, 1996
Last changeAug 28, 2012

Country / jurisdiction: Netherlands · Year: 1996 · Status: In force · Level: National · Type: Voluntary

For two years starting in November 1996, "sustainably built" houses could be financed in part with lower interest rate loans. Houses costing NLG 400 000 (US$ 188 000) or less could qualify for a green mortgage. A buyer could receive a loan of up to NLG 75 000 (US$ 35 000) for ten years at a rate roughly 20% below the prevailing market price (at about 4% instead of 5%). The so-called green mortgage let a buyer recoup roughly 75% of the additional costs of environmental extras. A total of 5 000 mortgages were allotted for the two years, after which the programme was suspended for evaluation. After evaluation the programme was fully integrated into the Green Funds Scheme.

Official source: http://www.groenbeleggen.nl

Source

https://www.iea.org/policies/3884

Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.

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