Russia's new programme helps young families afford their first homes
Russia's Family programme is helping young couples buy or build their first home. The scheme covers 30-35% of housing costs, depending on whether the family has children. It forms part of the wider Housing and Urban Environment initiative to improve living standards across the country.
To qualify, applicants must meet strict criteria. Both spouses must be under 35 and either married or single parents with children. They must also prove they need better housing and can afford the remaining mortgage payments.
The subsidy amount is calculated based on regional housing costs, not current market prices. Childless couples receive 30% of the total cost, while families with children get 35%.
The application process starts with local administration. Families must first register as 'needy', then apply for the programme. Once approved, they can use the subsidy to purchase or construct a home. Applicants can track their place in the queue through their local authority's website.
The programme aims to make homeownership more accessible for young families. Successful applicants receive financial support but must still cover the majority of the mortgage themselves. Local authorities manage the approval process and distribute funds based on regional housing standards.
