Installing a personal elevator can make life much easier for people with reduced mobility or seniors who want to maintain their independence and continue to live at home. However, the cost can seem prohibitive. Fortunately, there are funding options and assistance available to help you make this investment. In this post, we will explore the different financial support options available to help you make your home improvement project a reality
Take advantage of tax breaks and VAT benefits
State support mainly takes the form of tax breaks, aimed at encouraging the installation of elevators in primary residences. These include a tax credit and a reduced VAT rate to ease the financial burden for eligible households. Here are the details of these measures:
Energy Transition Tax Credit (CITE) : tax assistance which can reach up to 25% of the total amount of eligible expenses within the limit of certain ceilings.
Reduced VAT : the normal rate of 20% is reduced to 5.5% or 10% depending on the type of equipment installed, provided that the purchase and installation are carried out by the same service provider.
These tax measures are subject to conditions and often require the intervention of a professional to ensure their proper application. Do not hesitate to seek advice from an expert to determine your eligibility for this assistance.
Anah grants and assistance
The National Housing Agency (ANAH) offers assistance, “Habiter Facile” , which helps finance work to adapt housing to the needs of seniors and disabled people. This assistance is modulated according to household resources:
Other financial support for your home elevator
Now let’s look at other options for obtaining partial or full financing for your home elevator:
Pension funds : often overlooked, they can provide assistance for home improvement work.
Disability Compensation Benefit (PCH) : intended to cover disability-related expenses, which may include the installation of a lift.
Local aid: grants may be available at the level of your municipality, department or region.
Home improvement loans : offered at a preferential rate to finance a significant portion of the work.
It is essential to obtain local information and combine different sources to optimize the financing of your project. Since each situation is unique, it is suggested to seek the support of a specialized structure such as the “Soliha” associations for administrative support in the preparation of aid application files.
Let’s not forget that the advantages of installing a lift at home are numerous and go beyond the financial aspect. They are reflected in the quality of daily life, domestic security and the autonomy of users. Well beyond the budgetary aspect, the installation of an individual elevation system is an investment in a sustainable and comfortable lifestyle. For additional information or to request a quote, do not hesitate to contact the specialized suppliers who will be able to provide you with tailor-made support in order to carry out your project in the best possible conditions.
Before you make your project of installing an elevator in your home a reality, it is essential to learn about all the financial assistance mechanisms available and to consult professionals who will be able to guide you through the steps to follow. With careful planning and the strategic use of different sources of financing, your project becomes not only viable but also a wise investment for your quality of life and that of your loved ones.
