SMI will send 1.5 bln in mortgages in 2011

30.03.2011 17:48
Articles about real estate | SMI will send 1.5 bln in mortgages in 2011 State Mortgage Institution (SMI) plans in 2011 to send 1.5 bln in bank lending to developers to complete housing construction, as well as lending to individuals for the purchase of housing, said board chairman Viktor Mirgorodskii institutions.

"The remaining 1,5 billion UAH, we plan to extend our program associated with the financing of the completion of unfinished construction projects, primarily with a high degree of readiness, and individual persons for mortgage lending for purchase of flats in these new facilities" - said he During the meeting with participants of the mortgage market "in the financing of the completion of housing construction and rehabilitation of the mortgage market in Kiev on Wednesday.

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According to V. Mirgorodskogo for these funds SMI plans to fund and commission of about 1 million square meters. meters of housing, or about 260 homes.

The Minister also said that SMI provides funds to banks at 11% pa in UAH, the margin of banks to property developers is about 4% and the rate on the mortgage for the population will not exceed 15%.

According to V. Mirgorodskogo, in particular, the establishment of the current year has already sent to developers through the partner banks of more than 200 million UAH for refinancing rate of 11% in local currency. Funded "Prominvestbank" Bank "Cambio", "Kreditprombank", "Pivdenkombank", "Inprombank", "Promeconombank" and bank "Mercury". We are talking about objects in the Ivano-Frankivsk, Lviv, Kharkiv, Kyiv, Donetsk region, which is scheduled to be commissioned this year and their total living area of ??157 thousand square meters. m

B. Mirgorodskii also said that to implement the state program for affordable housing completion of the SMI in the current year is ready to allocate up to 100 mln.

Content tags: Mortgages
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