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They want to extend preferential mortgages to 10 regions of Russia

Federal authorities plan to introduce preferential mortgages in ten regions of Russia with a low level of social development. This can be done in support of lagging entities.
According to Deputy Prime Minister Vitaly Mutko, also these ten regions can receive about 100 billion rubles in five years. In addition, funding is needed to solve the most acute problems, writes TASS. The official also did not rule out that some regions may restructure budget loans.
This year, preferential mortgages will be introduced in the Far East. It is designed on young families, including incompletee. So that the Far East can get a loan, the Ministry of Eastern Development capitalizes Development Fund of the Far East, he will work with regional mortgage agencies. Earlier, the Russian government reduced for some categories of residents of the Far East mortgage rate. Measures taken to support fertility in the DFO.