47 b allocated for modernization of housing and communal services

The state program on enhancing economic development for 2013-2014 provides 46.9 billion UAH for modernization of housing and communal services, regional development, construction and housing minister Hennady Temnyk told a conference, ForUm correspondent reports.

"The program on enhancing economic development provides for 36 events worth 46.9 billion UAH. First, eight events provide housing for citizens, who need better housing, 22 activities are aimed at improving the quality of housing services and six activities relate to the regional bloc, including measures that will be taken on the 30-kilometer zone at four existing nuclear power plants," the minister said.

According to him, the state budget will allocate for these needs 2.2 billion UAH, which makes 5% of local budgets - 4.1 billion UAH, the funds of the IMF loan will amount to 1% and about 85% - other sources including funds under state guarantees.

Temnyk also noted that housing programs will operate during this period. "It includes five programs that already operate - affordable housing, providing young people with housing, cheapening of mortgage cost, two programs of individual builder at 3% and providing disabilities with housing," he stressed.

The minister also informed about the launch of other two programs. "This is a provision of leased housing with option to purchase and a construction of social housing," Temnyk said.