The 2025 Budget Law represents a significant turning point for the first home fundoffering multi-year financing that extends until 2027.
Until now, the fund has been subject to annual or semi-annual extensions, making its duration uncertain. Now, however, with an investment total of 670 million eurosdivided into 130 million for 2025 and 270 million for each of the following two years, aims to guarantee stability and confidence to those who want to access this instrument in a context of favorable interest rates.
How will the management of the first home fund change in the coming years? And what concrete advantages will this maneuver offer to those who want to buy their first home?
Advertisement – Advertising
What is the First Home Fund
The first home fund is a tool introduced by the government to encourage the purchase of a first home by people with specific requirements, in particular young people and families in disadvantaged economic conditions.
Managed by Consap (Public Insurance Services Concessionaire), the fund provides a public guarantee to those requesting a mortgage for the purchase of their first home, covering up to 50% of the loan, with a maximum ceiling of 250,000 euros. In the case of priority categories, such as young couples, single parents and young people under 36, coverage can reach up to 80%.
This mechanism allows those who have difficulty accessing traditional financing to obtain better conditions, reducing risks for banks and facilitating the path to home ownership.
Advertisement – Advertising
Access requirements for the First Home fund
The first home fund, strengthened with the 2025 Budget Law, is designed to support those He owns no other homesneither in Italy nor abroad, at the time of the application.
The public guarantee, provided by the fund, covers 50% of the value of the mortgage, with a maximum limit of 250,000 euros. However, some priority categories can enjoy greater coverage, up to 80% of the value of the property.
These categories include young couples who have been living together for at least two years, single parents with minor children and young people under 36 who have an ISEE of less than 40,000 euros.
Advertisement – Advertising
Increased support for large families
A further innovation introduced by the 2025 Budget Law concerns large families, who can access an increased guarantee based on the number of children and ISEE income level.
In particular, families with three children under the age of 21 can benefit from coverage of up to 80%, which increases to 85% for families with four children and a maximum ISEE of 45,000 euros. For families with five or more children, coverage reaches up to 90%, if the income does not exceed 50,000 euros.
This progressive scheme aims to guarantee concrete support for larger families, making credit for the purchase of a home more accessible and secure.
Advertisement – Advertising
Data on the use of the First Home fund
From the establishment of the fund in 2013 until 30 September 2024, Consap received over 582,000 requests, with over 537,000 of these admitted to the guarantee, for a total value exceeding 62 billion euros.
Of these, 441,000 mortgages were actually disbursed, demonstrating the effectiveness of this instrument in promoting access to credit for the first home. In 2024 alone, there were more than 61,000 approved applications, up from 53,000 the previous year.
This increase of 15.2% highlights the interest in the fund, especially among young people under 36, who represent approximately 70% of the beneficiaries of guaranteed mortgages.
