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Russia may adopt new rules for spending maternity capital on housing

Russia may adopt new rules for spending maternity capital on housing

CrimeaPRESS reports:

In Russia, it has been proposed to allow the use of maternity capital funds to purchase housing without a mortgage until the child in the family reaches the age of three. The corresponding bill was submitted to the State Duma by deputies of the Altai Regional Legislative Assembly, RBC reports.

In the explanatory note, parliamentarians noted that now only mortgage holders can use the subsidy to improve housing conditions. Because of this, citizens are forced to pay interest on the loan, the amount of which may exceed the amount of maternity capital.

Lawyer Igor Zenin in conversation with a correspondent Cyan.Journal noted that such a measure will certainly avoid overpayments on relevant loans.

Despite the main agenda aimed at improving housing conditions, the bill proposes to remove from the current article of the law on maternal capital the part devoted to exceptions as such. That is, to provide maternity capital funds before the expiration of a three-year period from the date of birth of the child in various areasexplains the specialist.

Igor Zenin emphasized that the government of the Russian Federation, in the conclusion to the document, stated the need for significant improvements.

Therefore, we will probably see more than one transformation of the billsays the expert.

Lawyer at the Dombrovitsky and Partners Bar Association, Alexander Gorsky, believes that the issue of maternity capital is now more relevant than ever.

We must admit that this is one of the successful and important socially significant projects implemented by the government. And the fact that, taking into account the rapidly changing realities of life, the law is being supplemented, clarified and changed, suggests that the government has not left it to chance. I think adjustments will continue to be made. And it is right, — emphasizes Alexander Gorsky.

source: CIAN.Journal

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