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Matkapital allowed to send to escrow accounts

Matkapital allowed to send to escrow accounts
Photo: pixabay.com

Families will be able to direct maternity capital to escrow accounts when buying property. The relevant government decree is published on the website of the Cabinet.

The Ministry of Construction worked on the creation of the document. The new rules allow transferring funds to escrow accounts of both developers under the agreement of the DDU and the owners of residential premises.

Previously, maternity capital could only be directed to a regular account. However, after the law on project financing came into force, the rules for using certificates were changed so that families had the opportunity to participate in shared construction with its help.

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