“35 billion rubles will be invested in the preferential mortgage program, more than 16.5 billion will be directed to family mortgages, and almost 5 billion more to the Far Eastern mortgage,” the Russian government’s Telegram notes.
Russian Prime Minister Mikhail Mishustin noted that this will allow the country's citizens to "purchase new houses and apartments", while "the construction industry will receive an additional impetus for the further development of their projects."
At the end of July, it became known that the Russian government would allocate another 45.5 billion rubles for the implementation of preferential mortgage programs.