Background information

Law Decree No. 9/2020 of 2 March 2020 (art. 26) and Law Decree No. 18/2020 of 17 March 2020 (art. 54) extend the possibility to suspend the installments of mortgages for the purchase of the first home to citizens affected by the economic consequences the COVID-19 pandemic. This possibility is granted through the extension of the Solidarity Fund for mortgages for the purchase of the first house (established by Law no. 244 of 24 December 2007).

Content of measure

The possibility to suspend the installments of mortgages for the purchase of the first home (through the access to the Solidarity Fund for mortgages for the purchase of the first house) is extended, by this measure, to the following categories of employees and self-employed workers:

• Employees suspended from work for at least 30 consecutive working days.
• Employees whose working hours have been reduced by at least 20% for at least 30 consecutive working days.
• Self-employed workers experiencing an average daily reduction in their turnover of at least 33%.

For the first two categories of workers,

• the maximum total duration of the suspension cannot exceed six months (if the suspension or reduction of working hours lasts between 30 days and 150 consecutive working days);
• 12 months (if the suspension or reduction of working hours lasts between 151 days and 302 consecutive working days);
• 18 months (if the suspension or reduction of working hours lasts longer than 303 consecutive working days).

Use of measure

No information yet available.

Target groups

Workers	Businesses	Citizens
Employees in standard employment Self-employed	Does not apply to businesses	Does not apply to citizens

Actors and funding

Actors	Funding
National government Other social actors (e.g. NGOs)	National funds

Social partners

Social partners' role in designing the measure and form of involvement:

	Trade unions	Employers' organisations
Role	No involvement	No involvement
Form	Not applicable	Not applicable

Social partners' role in the implementation, monitoring and assessment phase:

• N/A
• Main level of involvement: Unknown

Involvement

No involvement of the social partners.

Views and reactions

Unknown.

Sources

• 02 March 2020: DECRETO-LEGGE 2 marzo 2020, n. 9 Misure urgenti di sostegno per famiglie, lavoratori e imprese connesse all'emergenza epidemiologica da COVID-19 (www.gazzettaufficiale.it)
• 17 March 2020: DECRETO-LEGGE 17 marzo 2020, n. 18 (www.normattiva.it)