Strengthening control over the use of the parent capital on a mortgage

In the third and final reading the state Duma adopted a law that increases the expenditure of funds of the parent capital on a mortgage. according to the new law, are now prohibited to invest the parent capital in the mortgage loan credit institutions are not accountable to the Central Bank.

To spend matkapital will be on the mortgage loan at a Bank, reporting to the Central Bank, but also in the unified development Institute in the housing sector. The results of the housing loan may be denied if purchased in the mortgage, using the prisoner property will be uninhabitable.

We will remind that the parent capital in Russia began to issue in 2007. At the moment, the programme was extended until the end of 2021, its further fate is yet neizvesten. To receive the parent capital the Russian family, where he was born or adopted a second child and all subsequent ones.

Received from the state money you can spend to pay standard or reduced subsidized mortgages at 6% per annum, for the construction of houses and payment of the share in ZHSK or repair of existing housing.

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