Suspension of payment of subsidized mortgage installments provided for by regional laws - Autonomous Region of Valle d'Aosta - 2024

August 7, 2024

FORM FACILITATION

Repayable loan/advance

REGIONS

Valle d'Aosta/Vallée d'Aoste

SECTOR

Culture, Construction, Energy supply, Water and waste management, Electronics, ICT, Mechanics, Metallurgy, Furniture, Wood and Paper, Fashion and Textiles, Catering, Health, Transport services, Tourism, Agriculture, forestry and fishing, Agri-food, Hotel, Other services, Crafts, Vehicles and other means of transport, Chemicals and Pharmaceuticals, Commerce

ALLOWED EXPENSE

0 €

INCENTIVE STATUS

CLOSED

OPENING DATE

CLOSING DATE

August 3, 2024
September 30, 2024

NOTES

No additional notes
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Things

It consists in the suspension for a period of 12 months of the payment of the installments of the subsidized mortgages provided for by various regional laws, without the payment of late payment interest and additional charges by the beneficiaries of the measure. 

Who is it aimed at?

The measure is aimed at natural persons residing and businesses operating in the Aosta Valley area affected by the flood events of 29 and 30 June 2024. 

What does it predict

It consists in the suspension for a period of 12 months of the payment of the installments of the subsidized mortgages provided for by various regional laws, without the payment of late payment interest and additional charges by the beneficiaries of the measure. Borrowers can request suspension of payment of subsidized mortgage installments with a specific application to be submitted to Finaosta SpA and the affiliated banks by 30 September 2024. 

Objective – Purpose

Liquidity support

Form – Facilitation

Repayable loan/advance

Maximum Allowable Expenditure

7500000 €

Allowed Costs

Buildings and land, Professional training, Personnel costs, Raw materials, consumables and goods, Services, patents and licenses, General expenses/other charges, Plant/Machinery/Equipment

Maximum grantable benefit

3000000 €
Subject type
Business, Citizen

Dimension

Micro-enterprise, Medium-sized enterprise, Large enterprise, Unclassifiable/classified, Small enterprise

Activity sector

Culture, Construction, Energy supply, Water and waste management, Electronics, ICT, Mechanics, Metallurgy, Furniture, Wood and Paper, Fashion and Textiles, Catering, Health, Transport services, Tourism, Agriculture, forestry and fishing, Agri-food, Hotel, Other services, Crafts, Vehicles and other means of transport, Chemicals and Pharmaceuticals, Commerce

ATECO

All economic sectors eligible to receive aid

Regions

Valle d'Aosta/Vallée d'Aoste

Managing entity

Valle D'Aosta Autonomous Region

Primary regulatory basis

First measure of change to the financial forecast budget of the Autonomous Region of Valle d'Aosta/Vallée d'Aoste for the three-year period 2024/2026. Changes to regional laws. - Article 12 (Provisions for the suspension of loans granted from regional revolving funds)

Implementation measure

First measure of change to the financial forecast budget of the Autonomous Region of Valle d'Aosta/Vallée d'Aoste for the three-year period 2024/2026. Changes to regional laws. - Article 12 (Provisions for the suspension of loans granted from regional revolving funds)

Incentive allocation

5300000 €

Reference site

https://www.regione.vda.it/ amministrazione/leggi/bollettino_ ufficio_new/archive/2024/39-2024.pdf

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