The Cabinet has improved the program of providing the population with affordable housing.
This was announced by Vice Prime Minister – Minister of regional development, construction, housing and utilities Hennadiy Zubko, reports the press service of the government.
According to Zubko, the updated program must provide freedom of citizens in choosing their future housing, to simplify and facilitate access to state loans, to ensure transparency and to expand the circle of participants and credit opportunities through the involvement of public banks.
“The implementation of the state programs “Affordable housing” and “Youth lending” must meet the requirements of time and to meet primarily the needs of those who really need housing,” – said the Minister.
“We provide a 30% compensation of the purchase of affordable housing from the state or local budgets and 50% of compensation for IDPs and ATO participants. Introducing the ability for members to purchase ready-made housing from the developer,” he said.
“Also, reducing the required level of monthly family income, in need of better housing conditions from 5 to 3 average monthly wage counting on soul of the population in accordance with the region” – said Deputy Prime Minister.
Zubko added that the changes also include notification through the website Kosmologiia on participants and those receiving government support.
The official also said that under the new order, set the cost of 1 sq m of affordable housing, which shall not exceed the limits, imposed a ban on the sale of the obtained housing at subsidized programs for three years.
Also introduced a mechanism for the distribution of funds between regions in proportion to population.
“Developed by Ministry of regional development changes will provide more transparency, openness and efficiency in the implementation of the program “Affordable housing” and “Youth lending” and the use of funds of state and local budgets”, – said Zubko.
Earlier, the NBU said that the profitability of housing construction in the medium term decrease due to increased competition and cost, and demand will remain limited due to the low solvency of the population.