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The state is going to provide housing for young

October 12 2005
14:18

In Rossi attended to the immediate problem - the lack of proper housing for the vast majority of young families. All program to subsidize loans and mortgages are in this category of citizens turned out to be unusable because of inflated house prices.

Today the Ministry of Regional Development is the government program "Affordable and Comfortable Housing - to Russian citizens."

According to the draft, young families need to provide subsidies for the purchase of housing or pay a down payment on a mortgage loan. Moreover, in 40% of the average cost of standard housing. Interest rates on loans are planning to reduce from 15 to 8 percent per annum.

In improvement of housing conditions need more than 61% of the population. State plans to tackle the problems of youth in the first place. To implement the program within two years will be allocated 213 billion rubles, according to Pravda.ru.

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