Kharkov allocated 5 million UAH on the program «Youth of the housing loan»

12.01.2011 20:00
Articles about real estate | Kharkov allocated 5 million UAH on the program «Youth of the housing loan» Kharkiv city council today approved a proposed budget for the implementation of City programs target youth housing loans for 2011-2012. To finance this program is appropriated annually from the budget of the city of 5 million USD, reported the press service of the Kharkiv City Council.

Implementation of the Program in 2011 provide an opportunity for 13-15 young families to enjoy the right to receive preferential loans and improve their living conditions through the construction (purchase) of 1000 sq. m. total housing area.

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"The right to credit the citizens of the youth to 35 years, being on housing lists. However, credit is granted for 30 years at an interest rate of 2% per annum. If a family or a lonely young citizen who has a child, then the loan is granted interest-free housing. If in the family of 2 children - at the expense of this target program from the city budget is paid 25% of the loan principal. If a family has 3 or more children - is paid 50% of the loan principal, "- said the deputy mayor of Kharkiv Michael Fateev.
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Content tags: Mortgages Housing
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