Free housing will not be! - News about real estate, Kiev, Kyiv region. Real Estate In Ukraine

Free housing will not be! - News about real estate, Kiev, Kyiv region. Real Estate In UkraineThe government proposes to introduce a temporary moratorium on the granting of housing...The Cabinet proposes to suspend the provision of free housingThe government proposes to introduce a temporary moratorium on the granting of housing.This is stated in the draft decision on the outcome of today's meeting, Prime Minister Yulia Tymoshenko with representatives of the construction industry.Instead, the Cabinet proposes to introduce state aid, pursuant to which disbursements will be made not for the purchase of apartments in the secondary market, and to Finance the initial construction. Moreover, 25% of accommodation cost will be paid from funds of the state or local budgets, and 75% at the expense of personal savings or loans.Finance thus offered exclusively objects of unfinished housing with a high degree of readiness.We will remind, representatives of the construction industry and related industries have agreed to limit their profitability by 15 per cent in the crisis period.



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