Rate mortgage loans for «affordable housing» will be 14% per annum

21.09.2010 18:30
Articles about real estate | Rate mortgage loans for «affordable housing» will be 14% per annum As part of the national program "Affordable Housing" for the period 2010-2017 years. planned to provide mortgages for the long term with a rate not exceeding 14% per annum. This was announced during a meeting in the Council of Ministers of Crimea chairman of Foundation for Youth Housing Leonid Risuhin.

"Today, we see that it (interest rate) should be no more than 12-14% per annum. Today, in a commercial bank, unfortunately, can not take credit for such interest ", - said chairman of the Fund. According to him, for this country fulfills the appropriate mechanisms, in particular, we are talking about the issue of bonds under the state guarantees. Risuhin noted that the further step of this program is building affordable housing land, which on behalf of the Cabinet set aside in all regions of Ukraine. To date, reserved the order of 600 such sites, and in the Crimea - 16.

Related article: The government may introduce a state support in the primary mortgage market

The minister of construction policy and architecture of the Crimea, Vladimir Nikolov said that the cheaper cost of housing in this case is due to preferential allocation of land, which are connected to the required utilities. According Risuhina, in the state budget for 2011 is planned to provide subsidies to local governments for these purposes.

Recall that in 2010, the construction and acquisition of affordable housing Cabinet plans to allocate money from the stabilization fund of $ 390 million UAH.

Content tags: Mortgages
Did you like the material?Subscribe to our newsletter
Your comments:
Your opinion will be the first. Thank you for reading this article. I wish you happiness! Please share your opinion in the comment below.