“Families with children can get a loan at a preferential rate of no more than 6%. Today, this is a great help, considering the high interest rate,” he said.
Starting from July 2, 2024, the conditions of the program, which has been in effect since 2018, will change. Now families with a child under the age of six, as well as families with a disabled child, can take advantage of a preferential mortgage with a rate of up to 6%. This applies to apartment buildings and individual housing construction throughout Russia.
In addition, families with two or more minor children can apply for a preferential loan in 35 regions with a low volume of housing construction, in small towns and also for the construction of individual housing throughout Russia, the Deputy Prime Minister said.
The family mortgage program has become one of the most popular in our country, he said. Over the years, the housing conditions of more than 1.1 million families have improved thanks to it.
Today, Wednesday, July 10, it was announced that the Family Mortgage will be extended until 2030.
