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The Ministry of Agriculture wants to extend the rural mortgage until 2030

The Ministry of Agriculture wants to extend the rural mortgage until 2030
Photo: pixabay.com

The Ministry of Agriculture wants to extend the preferential rural mortgage until 2030. Due to the growing popularity of support measures in the department, they began to work out proposals for extending the program.

As reported "News"In the first year of the rural mortgage program, both rural residents and townspeople showed interest in it. Rosselkhozbank also notes the interest of borrowers: the bank received more than 120 thousand applications.

The program ends in 2025, and its funding is also provided for the next five years.

In June it was reported that in Russia will triple the financing of the preferential rural mortgage program... This year, an additional two billion rubles will be allocated for its implementation.

However, at the end of September, the Cabinet of Ministers approved an increase in funding for preferential mortgages by 6,5% per annum. For this it was planned cut other mortgage programs... Thus, they will cut funding for the "Family", "Dalnevostochnaya" and "Rural" mortgage programs.

 

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