Post sponsored by NewzEngine.com

MIL OSI Translation. Region: Russian Federation –

Order dated October 18, 2021 No. 2919-r

Document

Order dated October 18, 2021 No. 2919-r

Another 14.5 billion rubles will be allocated to compensate mortgage loan payments for large families. This order was signed by Prime Minister Mikhail Mishustin.

This is a program that helps families with three or more children to pay off their mortgage in whole or in part. They have access to payments in the amount of 450 thousand rubles, which can be used to cover a loan for the purchase of an apartment, a private house or a land plot for individual construction.

A comment

From the opening remarks by Mikhail Mishustin at the Government meeting, October 22, 2021

The program applies to families where the third child was born after January 1, 2019. At the same time, the age of older children does not affect the decision to provide support.

To receive a payment, you must contact the bank that issued the mortgage loan. Taking into account the signed order, the amount of funding for the program in 2021 will exceed 68 billion rubles.

The decision was announced by Mikhail Mishustin at meeting of the Government on October 22… It will additionally support more than 32 thousand large families.

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

MIL OSI Russia News