- The rights of large families to improve the quality of housing
- The role of the state in providing housing for large families
- Regional programs to help large families improve their living conditions
- Mortgage agencies and special bank lending programs
The amount of budgetary funds allocated for solving housing issues for large families is getting smaller every year. Registration has already been terminated in many regions. How not to stay outside the door of your future apartment if you have three or more minor children.
The rights of large families to improve the quality of housing
The Housing Code, as well as regional legal acts, define the rights of such families to quality housing conditions. These rights include, in particular:
- The right to receive housing under a social lease agreement. The holders of this right include those large families where the income for each member is less than the living wage and who need housing..
- Eligibility for housing improvement subsidies. In this case, subsidies are funds allocated by the state or regional budget to large families for partial or full payment of the cost of the purchased dwelling. You should know that a family that has exercised this right will not be able to use social housing in the future..
- The right to purchase an allotment in the form of a plot of land for housing construction. The area of the land plot is determined by regional standards and is transferred into ownership free of charge. In various subjects, the legislation also allows the use of the allotment for running an auxiliary personal farm. The plot is issued within the municipality in which the family is registered.
In order to use any of the rights presented, the applicant will need to make a lot of effort in collecting the mandatory package of documents, as well as be patient: the queue for housing is stretched for more than one year.
The role of the state in providing housing for large families
Unfortunately, the federal law on mortgage benefits for large families is still at the draft stage. The government cannot afford to open another significant item of budget spending, and the emerging economic situation in our country calls into question the adoption of this law in the foreseeable future.
At present, only the national project “Comfortable and affordable housing for citizens of the Russian Federation” is being successfully implemented by the state. True, only large families can count on participation in this project, which have queued up to improve their living conditions before 03/01/2005. Its main essence – preferential mortgage – is based on obtaining the following privileges when applying for a loan:
- Benefits for needy families to improve their living conditions. If a large family is in the queue for the purchase of housing and rents an apartment or house, then compensation from the state is 50% of the average rent for the area.
- Subsidies. The state pays 1/3 of the cost of the acquired housing independently, providing the buyer with a certificate for the specified amount. Of course, the cost of housing is limited and depends on the number of family members, standards for the number of square meters of living space per person and the average cost of 1 m2 housing in each region.
- Long-term installment plan. The provided mortgage loan has flexible conditions for the down payment, loan term and a reduced interest rate.
- Bonus for the birth of a child. When another baby appears, the state assumes payment of 18% of the cost of housing, which consists of a mortgage.
- Maternal capital. With the help of it, it is allowed to pay part of the cost of the purchased housing.
Fortunately, this program is not limited to helping families with many children. Many regions of the Russian Federation have their own projects and resolutions aimed at improving the quality of life of such families.
Regional programs to help large families improve their living conditions
There is no single principle for implementing projects to support large families at the regional level. The government of each individual subject decides how much funds will be allocated for these purposes. As a rule, the richer the region, the more extensive and diverse social benefit programs. But even at this level, there is a widespread reduction in investment programs. Over the past couple of years, several regions have already refused to queue up large families for subsidies..
To clarify about existing projects aimed at improving housing conditions for large families, you should contact the local administration. Low-income families, whose average income for each family member is less than the subsistence level, is always preferred. The procedure for granting subsidies and benefits is practically the same everywhere. It includes collecting and submitting a package of documents to the local housing department, processing documents and making a decision on registration or refusal to register (usually within a month), then waiting for their turn for subsidies. In most regions, one-time payments are provided in the form of certificates, which can only be spent on the purchase of housing or its construction.
The standard package of documents formed for obtaining a subsidy is as follows:
- applicant’s passport;
- certificate of residence;
- certificates of marriage and birth of children;
- certificate of a large family;
- certificate from the Regpalata and BTI about the absence or presence of property among family members;
- low-income family status document.
Mortgage agencies and special bank lending programs
All state and regional social programs have one significant disadvantage: the consumer in most cases needs to wait for the result for years. There are times when such a waiting period turns out to be unacceptable. In such a situation, there is the option of acquiring housing on a mortgage through the regional agency for mortgage lending (AHML). The principle of operation of such an agency is based on the fact that it has an agreement with a number of partner banks from which it buys out a certain amount of credit debts. Those, in turn, provide the borrower with a mortgage loan on the terms of the AHML standards. The interest rate in this case is very attractive: from 9.9% per annum. For large families, there are also privileges here:
- part of the down payment can be offset by the parent capital;
- if the cost of the housing being purchased does not exceed the standard price determined for the given region, then the rate will be lowered by another 0.5%.