Kurils inhabitants to receive interest-free loans

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Kurils inhabitants to receive interest-free loans
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Sakhalin mortgage loan agency will start lending the Kuril islands inhabitants interest-free loans for housing construction and purchasing.

As Construction.RU was told by the press office of the Sakhalin regional government, the initiative gives people an opportunity to buy housing in an aparts house or to build their own depending on what they can afford.

If they choose building a house, municipal authorities will allocate a land plot to the program participants. Besides, a number of rental houses are planned to be built on the Russian Isle of Iturup, where 173 families have expressed their desire to have flats, as the regional authorities note.

49 people have been allotted land plots for individual housing construction by now. On the whole, the program realization will start in a month and a half.