The Russian government will allocate an additional 61 billion rubles for the IT mortgage.

In Russia, an additional 61 billion rubles will be allocated for an IT mortgage. This was announced on May 15 by Russian Prime Minister Mikhail Mishustin.

"Thanks to continued government funding, IT specialists and their families will be able to resolve their housing issues," Mishustin said.

It is specified that IT specialists under the age of 50 inclusive will be able to take out a mortgage. At the same time, the loan rate will be up to 6% per annum, while the maximum amount of a government—subsidized loan is 9 million rubles.

In addition, it will be possible to apply for a mortgage as an apartment in a building under construction, as well as ready-made housing. In addition, the program will also be valid in the case of individual housing construction (IHS).

It is reported that the preferential mortgage program for IT industry employees was launched in 2022. During this time, about 84 thousand specialists have bought housing on favorable terms.

Unlimited for everything: The Ministry of Finance has changed the procedure for issuing IT mortgages

The preferential program has become even more accessible

On May 12, Sberbank decided to cancel the commission for developers on preferential mortgage lending programs for Domclick. It was clarified that the changes will affect the programs "Family mortgage", "Mortgage for IT", "Far Eastern and Arctic mortgages.