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More than 14 billion rubles will be allocated for the project of preferential mortgages in the Far Eastern Federal District - EastRussia | Far East

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More than 14 billion rubles will be allocated for the project of preferential mortgages in the Far Eastern Federal District

More than 14 billion rubles will be allocated for the project of preferential mortgages in the Far Eastern Federal District
Photo: pixabay.com

The Ministry of Finance of Russia may allocate to the Housing Development Institute DOM.RF 14,65 billion rubles. This will be a contribution to the charter capital of the organization. With the help of this money we intend to implement a project of preferential mortgages at 2% in the Far East.

According to TASSIt is planned that DOM.RF will reimburse credit organizations for lost income on soft loans. The limit for each organization will be established individually. Payments will begin on January 1 2020. The total amount of loans will amount to 450 billion rubles.

It is also likely that the Agency for the Development of Human Capital in the Far East and the Arctic (ARCHK) will accompany the preparation and submission of documents by citizens for obtaining preferential mortgages. For this organization will allocate subsidies from the Ministry for the Development of Russia.

The preferential mortgage, which will be introduced this year in the Far East, is designed for young families, including incompleteе. 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. The federal authorities are also planning introduce preferential mortgages in ten regions of Russia with a low level of social development. This can be done in support of lagging entities.