The Ministry of Agriculture is working on a unique solution for preferential mortgages: Young specialists in the village will be able to get it with a rate of up to 3%

27 September 2019, Friday

Starting from 2020, young specialists will be able to get mortgage loans in rural areas with a rate of up to 3% under the new state program for the integrated development of rural areas. This was announced by Deputy Minister of Agriculture of the Russian Federation Ivan Lebedev.

“To support young rural families and specialists, preferential mortgages are a new breakthrough and revolutionary solution - up to 3% with the possibility of reduction to 0.1%, taking into account co-financing of the regions," Lebedev said.

He explained that now the Ministry of Agriculture is working on the conditions for obtaining such a mortgage, the footage of residential premises. In addition, Lebedev noted, the state program for the integrated development of rural territories, designed for 2020-2025, implies a new approach to housing construction for social hiring.

The Ministry of Agriculture and Food of the Republic of Tatarstan reminds that the state program for the integrated development of rural territories was approved by the Russian government at the end of May. The total amount of its financing in 2020-2025 is about 2.3 trillion rubles,1 trillion rubles of which should be allocated from the federal budget.

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