Social Loan Scheme

The Social Loan Scheme assists applicants who, due to their income, cannot purchase a residence or obtain a home loan on their own without the support of the Housing Authority. In collaboration with APS Bank, Bank of Valletta, and the Foundation for Social Welfare Services, this scheme helps people acquire property for residential and personal use, thus becoming homeowners. 

The participating banks offer a loan of up to €140,000 to purchase a property in a finished and habitable state. Where applicable, the loan may also cover the deposit required for the property purchase. Additionally, the Authority supports applicants by providing a monthly subsidy for loan repayments. To qualify for this scheme, applicants must not possess assets exceeding €23,300 and an income not exceeding €19,990.04 for single individuals, €20,990.04 for single parents, and €21,990.04 for couples.