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Primorye families have received 22,7 million rubles to compensate mortgage loans

For 10 months of the current year, 332 coastal families received compensation for mortgage loans. 22,7 million rubles has already been allocated from the regional budget for these purposes, the press service of the regional administration reports with reference to the department of labor and social development of the region.

“The size of the social payment is 50 percent of the borrower's own expenses to pay interest on the mortgage, based on the size of the interest rate on the loan,” the department explained. Moreover, the amount of the mortgage loan should not exceed 2,5 million rubles.

Social support of citizens in the field of mortgage housing loans has been operating in Primorye since 2012. The right to cash payment has families who have taken a mortgage to purchase housing in the new building. Citizens who participate in shared construction can also claim compensation. The krai budget compensates for mortgage costs for five years. The social payment is terminated early, with the borrower's full repayment of the housing loan, the presence of a three-month overdue loan debt, on a personal application of the borrowers, and with the removal of the borrowers from the registration of the place of residence in connection with the departure from Primorsky Krai.

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