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Changes In The Affordable Housing For Young Families Program For Res

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  • Changes In The Affordable Housing For Young Families Program For Res

    CHANGES IN THE AFFORDABLE HOUSING FOR YOUNG FAMILIES PROGRAM FOR RESIDENTS OF MARZES
    Liana Yeghiazaryan

    "Radiolur"
    26.11.2010 18:18

    187 credits at the volume of 1.5bln AMD have been provided within the
    framework of "Affordable Housing for Young Families" program as of
    today, Head of Financial Markets Development Department of the Armenian
    Ministry of Finance Karen Tamazyan told a press conference today.

    >From allocated means, 131 credits were provided in Yerevan, and the
    remaining in the marzes. 33 credits at the total sum of 231.4mln AMD
    are at the stage of consideration.

    Karen Tamazyan reminded that the Armenian government has made certain
    changes in the program for the regions, in particular, by increasing
    the subsidy of the state at interest rates in marzes of up to 4%
    and reducing the volume of prepayment down to 10%.




    From: A. Papazian
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