MINSK, 4 January (BelTA) – Some 4 million square meters of housing will be commissioned in Belarus in 2019, including 1.06 million square meters of subsidized housing. This plan was formalized by the Council of Ministers' Resolution No. 987 as of 29 December 2018, BelTA learned from the press service of the Belarusian government.
Br4.572 billion will be earmarked to finance housing construction in 2019.
As far as subsidized loans are concerned, 1 square meter of housing for low income households will cost the same as in 2018. Thus, in line with Decree No. 13 as of 6 January 2012 “On some aspects of providing subsidies for construction (renovation) or purchase of housing” and Decree No. 240 as of 4 July 2017 “On subsidies for construction (renovation) of housing”, this amount will not exceed Br718. In line with Decree No. 346 as of 2 September 1996 “On some measures to promote housing construction in rural communities”, the threshold amount for providing housing loans stands at Br940, the press service informed.
The Council of Ministers' Resolution No. 987 approves a set of measures to fulfill housing construction targets for 2019, as well as targets related to commissioning of new homes and financing of housing construction and engineering and transport infrastructure for 2020.
