In Russia can start one more program of a preferential mortgage

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​ In Russia can start subsidizing of a preferential mortgage under 1% on domokomplekty for the individual housing construction (IHC) with use of escrow accounts. The deputy minister of construction and housing and communal services Nikita Stasishin on air of Russia-1 TV channel. "In fact, bank, understanding the producer domokomplekta, accrediting the contractor and using special accounts on release of money at the usual credit for building, gives the chance to the person without additional guarantees and pledges to issue a preferential mortgage on purchase such domokomplekta. We will subsidize such credit to 1%. That is...
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Nikita Stasishin
Last position: Deputy minister (Ministry of Construction and Housing-Communal Services of the Russian Federation)
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