Saturday, July 2, 2011

Two ministries and the National Bank to determine the mechanism of crediting families to purchase housing

At today's Cabinet meeting Mykola Azarov entrusted the Ministry of Finance, Economic Development and National Bank to find a mechanism to promote long-term mortgage lending to households. Thus Prime intends to accelerate the pace of housing construction. Prime Minister Mykola Azarov charged the Ministry of Finance and the Ministry of Economic Development and Trade jointly with the National Bank to develop a mechanism to promote long-term lending families to purchase housing. He said this while opening Cabinet meeting. "I assign the Ministry of Finance, Ministry of Economy, together with the National Bank to find a mechanism to promote long-term lending families to purchase housing," - said Azarov. Prime Minister stressed that insists on accelerating the pace of housing construction. According to him, in this area you can use all the resources and create conditions for the resumption of the construction boom. Azarov also instructed managers at all levels to focus on building infrastructure facilities, which according to him, increase the investment attractiveness of the region. Prime Minister said that the problem of power - to direct all our efforts and create conditions for development, especially the construction industry and agro-industrial complex to ensure macroeconomic stability in the country against unfavorable external situation caused by soaring prices for oil and petroleum products, as well as food in world markets. Recall that in December 2010, Fund for Youth zhilstroitelstvu predicted that by 2018 the program of affordable housing will be built 252 thousand apartments. State Mortgage Institution intends to allocate 100 million hryvnia to participate in the program "Affordable Housing" and finance the commissioning of 1 million square meters. m of housing in 2011. Materials: Ukrainian News

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