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Targeted subsidies in housing construction come into force in Belarus

The decree on targeted subsidies in housing construction came into effect in Belarus. The corresponding document was signed by the head of state on July 4, 2017.

State subsidies will be provided to pay a part of interest for using the loan for housing construction. Large families and orphans can also expect some of the main debt to be repaid.

At the same time, the amount of targeted assistance will be calculated based on the number of family members, the standardized size of the accommodation and the maximum standard of construction cost.

This privilege is applied to veterans of military operations abroad.

A total of about BYN 135 million is currently allocated for targeted subsidies in housing construction.

Targeted subsidies in housing construction come into force in Belarus