• In short

    The State Treasury administers interest subsidy loans that have been granted for the construction, renovation and acquisition of rental and right-of-occupancy properties. Interest-subsidy loans are also granted for part-owned properties and the construction and renovation of housing association accommodation.

    Information on applying for an interest subsidy loan can be found on the website for the Housing Finance and Development Centre of Finland (ARA). ARA approves loans granted by banks or other financial institutions as interest subsidy loans and delivers the interest subsidy loan decision to the State Treasury, where interest subsidy loans are administered.

    Interest subsidy loans enjoy government collateral securities (with the exception of construction and renovation loans for housing association accommodation). The security for the interest subsidy loan will take effect directly based on legislation.