Description
Declaration of issuance of the building permit
Within 27 months of receipt of the grant notice, the cooperative must declare that it has obtained the building permit if not already communicated in the grant application, under penalty of forfeiture.
Application for extension of the grant reporting deadline
Before the expiry of the reporting deadline the cooperative may apply for a single extension of the deadline for a maximum of 24 months for justified reasons.
Reporting
Within 48 months from the date of issuance of the building permit or from the date of commencement of works in the case of a building permit acquired before 7 August 2020, the cooperative must submit the accounts of the expenses actually incurred, under penalty of forfeiture.
The grant shall be recalculated on the basis of the expenses indicated in the statement of account.
Restrictions
Constraints, sanctions and cases of forfeiture of the contribution are regulated in Articles 22 and 23 of the Call for Proposals. Cooperatives are invited to read them carefully.