Urals | Real estate | Finance, business

Yamalo-Nenets’ $11.2m mortgage support program

2 Apr '10
Authorities in Yamalo-Nenets Autonomous District have announced plans to allocate $11.2m to redeem part of mortgage loan payments by the district residents in 2010-2012.

Specifically, in 2010 authorities are reportedly to spend $3.7m under the mortgage program.

As a result of the state support, a total of 500 residents will be able to redeem mortgage loans.
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