Rural mortgage will cut funding

According to her, at the moment to support rural mortgage is 1 billion rubles, which allows to improve the conditions of 5.5 thousand families. Given the extreme popularity and demand of this program, USDA will continue to seek to increase the amount on this line for the current year to 6.4 billion rubles, said Lute. This will provide housing for 50 thousand families – it is about 4,25 million square meters.

Recall that in early April, the government has prepared a package of decrees on the adjustment of individual state programs. Increased funding meant those which relate to the support of sectors affected by the pandemic coronavirus. It had to cut funding for other programs, including “Integrated rural development” – from 2.29 to 1.49 billion, that is half.