Thursday, June 20 2024 12:50
Alexandr Avanesov

AMD 600mln to be allocated for housing programme for large families 

AMD 600mln to be allocated for housing programme for large families 

ArmInfo.600 million drams will be allocated to continue the state assistance program for providing  housing to families with children. The decision on this was made at a meeting of the RA government on June 20.

Presenting the draft decision, RA Minister of Labor and Social  Affairs Narek Mkrtchyan noted that the terms of the previously  existing program, designed for 2020-2023, expired last year. An  analysis of its effectiveness prompted the department to think about  the need to continue the program until 2026. During the  implementation of the previous program, the number of beneficiaries  declared was very high, which forced the RA government to allocate  additional funds on a monthly basis. In 2024, 827 beneficiaries  received assistance for the purchase of housing. As of December 31,  2023, about 552 million drams were paid to them within the framework  of their obligations. Since the start of the project and until now,  about 10 thousand people have become participants in the program, and  7 billion drams have been paid to them.

For 2024, a new procedure for accepting applications has been  adopted. According to the regulations, 351 applications have  currently been approved, of which 290 beneficiaries will need to pay  260 million drams.  Another 300 applications are under consideration.  

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