Authorities do not discuss preferential mortgages for the intention to have children

The authorities are not discussing the launch of a new mortgage state program for families planning to have children in the next two years. This is how the Ministry of Finance first officially commented on this initiative to Izvestia.

Billion-dollar idea: who will get mortgages under the new law on MCCs

The money can go to young people, specialized specialists and people living in rural areas

In addition, the idea has not yet been discussed in Parliament, the head of the State Duma Committee on Financial Markets, Anatoly Aksakov, told the editorial board. According to him, the launch of such a benefit would lead to the emergence of new schemes to circumvent the requirements.

Representatives of the construction industry in January proposed such an idea at a meeting with Deputy Prime Minister Marat Khusnullin. According to the developers' idea, the program should guarantee a rate of 6% for two years for any borrower who plans to become a parent during this time. If after that he documents the appearance of a child in the family, he will be able to keep the favorable conditions. If not - the mortgage rate will be recalculated, but at the current rates at that time. Until then, the budget will pay the difference between the preferential and market annual interest.

The construction industry does not just offer the state to stimulate demand for real estate - in 2024, the authorities reduced the availability of preferential mortgages. Since July, the massive unaddressed state program, with which any Russian could buy a new building at 8% per annum, ceased to operate. Only parents with at least one child under the age of six can get a family mortgage, and from IT-mortgage completely excluded housing in Moscow and St. Petersburg.

"Developers are trying to play on the state's desire to increase the birth rate even in the most original ways," explained economist Andrei Barkhota.

"A promise to give birth" cannot be included in regulations, explained Alla Makarentseva, head of the Demography Research Laboratory at the Presidential Academy. According to research, even a strong reproductive intention is not always realized over a three-year period - if we talk about two years, the probability will decrease even more.

Read more in an exclusive Izvestia piece:

To promise does not mean to be born: the authorities are not discussing favorable mortgages for the intention to have children