The applicant’s assets affect the application for means-tested rental housing.
A part of Avain rental apartments are state-subsidised apartment and apartments with interest-rate subsidies, and the selection of residents for these apartments is based on means testing. Means testing is separately mentioned in the descriptions of these apartments. In means-tested apartments, the applicant’s need for housing and the wealth and income of the applicant(s) influence the resident selection. For this purpose, questions concerning the need for housing, wealth and income are included in the housing application. Income and wealth limits are specific to each city and determined by the number of residents moving into the same household. If you exceed the income and wealth limit of the municipality in which you are applying for the apartment, we cannot forward your application.
Wealth means assets at the time of application and assets that the applicant has disposed of during the year preceding the application. Earnings do not count as assets. The total debts of the household can be deducted from the assets.
The assets include, for example:
In addition, you must report your other significant assets, as well as any debts and loans.
The value of your owner-occupied apartment in another location can be deducted from your assets that are taken into account in the selection if you are moving with your family to a new location for work-related reasons and the daily commute from the old apartment is not sensible due to long distances or difficult transport connections.
Avain has means-tested rental apartments in the following locations:
1 resident: €35,120
2 residents: €52,680
3 residents: €70,240
4 residents: €80,240
5 residents: €90,240
If more people move into the household, the wealth limit will be increased by €10,000 for each person.
See the vacant means-tested apartments in Kangasala here.
1 resident: €26,000
2 residents: €39,000
3 residents: €52,000
4 residents: €62,000
5 residents: €72,000
If more people move into the household, the wealth limit will be increased by €10,000 for each person.
See the vacant means-tested apartments in Lahti here.
1 resident: €55,000
2 residents: €69,000
3 residents: €92,000
4 residents: €102,000
5 residents: €112,000
If more people move into the household, the wealth limit will be increased by €10,000 for each person.
See the vacant means-tested apartments in Vantaa here.
For more information on resident selection, please refer to the ARA guidelines: