The Ministry of Construction proposed to compensate half of the rental housing for young people – Kommersant

The Ministry of Construction of Russia proposed to launch a 50% compensation program for rented housing for people under 35 years old. A prerequisite for subsidizing is to make the accumulation of a down payment on a mortgage to buy an apartment in new buildings. The newspaper reported “News” with reference to the agency.

In the next couple of months, the government will announce the details of the program, Nikita Stasishin, deputy head of the Ministry of Construction, told the newspaper. He did not specify when it will be launched.

“In fact, the state helps to save up for a down payment, while simultaneously subsidizing the rental of housing – until the moment of saving for a down payment,” said Nikita Stasishin.

The Ministry of Construction, Rosmolodezh and DOM.RU are working on the program. According to the Ministry of Construction, the program can cover 310,000 people annually. They also expect that the main audience of the program will be people from 23 to 27 years old who have graduated from college and have already started working. The department believes that thanks to subsidized rent, they will be able to save up for a down payment on a mortgage in 1.5-2 years.

Olesya Pavlenko