Housing for young families

Housing for young families
Housing for young families

2002. The program "Housing for young families" has been launched, the goal is to help young people buy their own apartment.

Housing for young families
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Since the early 1990s, house prices have skyrocketed. Those who have been waiting in line for free apartments from the state for several decades have actually lost hope of improving their conditions. The state decided to help those who had the least chance - young families

Since 2002, the "Housing for Young Families" program has been launched, the purpose of which is to help young people buy their own apartment, while at the same time "unloading" housing queues.

The essence of the program is that the family is given the opportunity to buy housing at a price much lower than commercial, while a subsidy of up to 35% of the average cost of housing in a particular region is allocated from the federal budget. If there are children in the family, the subsidy increases, sometimes up to 40%. The amount of the subsidy depends on the average cost per square meter.

At the same time, the family must meet the following requirements:

  1. The age of the spouses is under 30.
  2. The family is recognized as in need of better housing conditions (this is possible if the family does not have an apartment at all, lives in a communal apartment, or each family member has no more than 14 sq. m of the total area.
  3. The family must have sufficient income to pay for the portion of the amount that exceeds the amount of the subsidy provided.

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