Friday, May 15, 2015

The State Duma has allowed to pay a down payment on a mortgage means matkapitala – RBC

The State Duma adopted a law that allows the use of maternity capital to pay down payment on your mortgage, without waiting for three years to the age of the child (the birth that appeared eligible for state support), Interfax reports.

According to the document, maternity capital may be sent at any time of the birth of the child to pay a fee on loans for the purchase or construction of housing.

The bill in March, the government introduced in the State Duma. As noted, these amendments should improve the efficiency of matkapitala. Deputy Minister of Labour and Social Policy Alexei Vovchenko, introducing a bill in the State Duma, said that “such a measure really extend the possibility of using credit funds families.” He explained that more than half of the people if it is about spending the maternity capital to address issues of housing, use of loan funds. According to officials, to pay an initial fee means matkapitala could only 424 families.

Maternity capital – a program of state support for families who have decided to have a second or subsequent child. Payments began in 2007, and their volume is gradually increased. The size of the parent capital in 2014 for those who have not taken advantage of it, is 429.4 thousand. Rub.

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