Funding for Affordable Housing and concessional lending for builders to begin in July

03.06.2010 17:01
Funding in the amount of 5 billion USD for the program "Affordable Housing" and developers concessional lending will be carried out in July 2010, - D. Isaenko. , Said Deputy Minister of Regional Development Dmitry Isayenko, reports RBC-Ukraine.

"The money will go to the month of July of this year", - said Dmitry Isaenko.

According to him, it is about 2 billion USD in preferential loans for developers at 14% per annum. "Credit to be a state mortgage structure. Now we select those sub-contractors "- he said.

He noted that the funds will be directed to the program "Affordable Housing". "We have already agreed with the developers in any manner we will move this program", - he said.
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