Financing the life annuity purchase of housing for the elderly

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The financing described in this section complies with state aid regulations and therefore does not involve any aid elements.

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Banque des Territoires offers Prêt Viager Social, a financing solution for projects to purchase housing from elderly owners with modest incomes under a life annuity. Its advantages:

• A maximum repayment period of 30 years;
• A deferred amortization of up to 20 years.

The Prêt Viager Social meets the needs of social operators wishing to:

• Allow elderly and autonomous owners to occupy their housing as long as possible;
• Promote the maintenance of autonomy and improve the living environment of elderly people;
• Guarantee them home care in good material and financial conditions through the acquisition of their housing under a life annuity.