All interested families can participate in state program “Available apartments to young families”
07.04.2010,
18:20
All interested families can participate in the state program “Available apartments to young families”, said Mher Yedigaryan, Director of UCO “Apartments for youth”.
YEREVAN, April 6. /ARKA/. All interested families can participate in the state program “Available apartments to young families”, said Mher Yedigaryan, Director of UCO “Apartments for youth”.
“I would like to announce will full responsibility that the rumors about predetermination of the program are groundless. All the families who want to obtain an apartment or a house and satisfy the defined requirements can participate in the state program “Available apartments to young families”, said Yedigaryan in the interview to “ARKA”.
“Lists of future creditors” is the result of last year studies of the Ministry of Youth and Sport. The aim of the enquiry was to study the demand of improvement of living conditions of young families, as well as development of state support model.
For receiving credit, it is necessary to apply to the banks and credit organizations which cooperate with UCO “Apartments for youth” where they can obtain full information about the procedure of standard mortgage loans.
“The program covers not only Yerevan but also the regions. Regions have some privileges as real estate prices are cheaper in the regions than in Yerevan”, said Yedigaryan.
On January 29 the Government of Armenia approved the program “Available apartments to young families” in the amount of 3 billion drams. According to the requirements of the program, young family is the family where the total age of the couples is not more than 60 years, one of the couples is not more than 35 years and the age of single parent does not exceed 30 years. Maximum size of credit is 16 million drams. UCO “Apartments for youth” was registered and got license on February 16, 2010 by the decision of the Armenian Central Bank. --0-
“I would like to announce will full responsibility that the rumors about predetermination of the program are groundless. All the families who want to obtain an apartment or a house and satisfy the defined requirements can participate in the state program “Available apartments to young families”, said Yedigaryan in the interview to “ARKA”.
“Lists of future creditors” is the result of last year studies of the Ministry of Youth and Sport. The aim of the enquiry was to study the demand of improvement of living conditions of young families, as well as development of state support model.
For receiving credit, it is necessary to apply to the banks and credit organizations which cooperate with UCO “Apartments for youth” where they can obtain full information about the procedure of standard mortgage loans.
“The program covers not only Yerevan but also the regions. Regions have some privileges as real estate prices are cheaper in the regions than in Yerevan”, said Yedigaryan.
On January 29 the Government of Armenia approved the program “Available apartments to young families” in the amount of 3 billion drams. According to the requirements of the program, young family is the family where the total age of the couples is not more than 60 years, one of the couples is not more than 35 years and the age of single parent does not exceed 30 years. Maximum size of credit is 16 million drams. UCO “Apartments for youth” was registered and got license on February 16, 2010 by the decision of the Armenian Central Bank. --0-
