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BNB

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Madrid

370 beneficiaries will benefit from financial support for housing and other programs

The government has made a change in one of the previously adopted decisions, which approved the 2024-2026 state housing support for families with children. programs, including regional mortgage support and mortgage repayment support programs, as well as provided for in 2023. as of December 30, the process of providing assistance to citizens who applied to banks or credit organizations that signed an agreement with the RA Ministry of Labor and Social Affairs as part of the beneficiaries included in the advance payment insurance program, as well as to citizens who applied to the ministry within the framework of the mortgage repayment assistance program.

According to the rationale, in 2026 The budget of the programs for As of February 24, 646 beneficiaries have already received support, to whom 568 million drams have been paid, of which 156 are under the Marz mortgage support program (160,045,785 drams), 83 are under the advance payment insurance program (2,486,202 drams), 407 are under the mortgage repayment support program. (405,725,894 drams). These indicators are due to an unprecedented increase in the number of applications within the framework of the programs, including the number of those having the 3rd and subsequent children, in which case the amount of support is up to 2 million drams, as well as in 2025. by the number of applications received in the months of November-December, but not paid due to lack of funds and transferred to the next year.

The decision proposes to allocate 300 million drams in order to provide financial support to around 370 beneficiaries who applied/applied within the framework of the programs in the first quarter of 2026. Assistance will be provided: 90 in the region with the mortgage assistance program (1 million AMD on average each), 70 with the advance payment insurance program (30 thousand AMD on average each), 210 with the mortgage repayment assistance program (990 thousand AMD on average each).

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