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The first applications for a mortgage at 2% approved in Kamchatka - EastRussia | Far East

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The first applications for a mortgage at 2% approved in Kamchatka

The first applications for a mortgage at 2% approved in Kamchatka
Photo: pkgo.ru

In Petropavlovsk-Kamchatsky, banks approved the first three applications for a “Far Eastern mortgage”. While the city does not have enough suitable housing for the program, a number of promising sites for the future construction of multi-apartment buildings have been identified there.

According to the press service of the city administration, developers promise to rent an apartment building with 48 apartments in September-October this year, as well as introduce the first and second sections of the house on Lomonosov Street. Next year, construction companies plan to complete the construction of the entire house with 90 apartments.

Also in Petropavlovsk-Kamchatsky it is planned to comprehensively develop a residential area on Toporkova Street. From May 2020 to 2023, 12 multi-apartment buildings for 840 apartments intend to be commissioned.

Governor Vladimir Ilyukhin called on municipal authorities to work actively with construction organizations, to prepare sites and infrastructure so that they can soon begin to build housing to provide mortgages at 2%. He previously stated that the region cannot participate in the program of the "Far Eastern mortgage", since the construction industry is not ready to provide apartments. In response to this, Deputy Prime Minister Yury Trutnev Advised to the governor to roll up his sleeves. The head of the Ministry of Eastern Development promised help Kamchatka with a solution to the construction issue.

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