November 20, 2017

“First Home” programme supplemented 45 million euros

According to a resolution draft released on the Public Finance Ministry (MFP) website, the cap for the “First Home” programme will be supplemented by about 45 million Euros (200 million lei). This amount will be exclusively devoted to guaranteeing the funding for the purchase of homes built by the National Agency for Housing (ANL), writes Agerpres. ANL has conducted for several years the home construction programme for youth devoted to renting, with the possibility of purchase by the tenants after one year of continuous renting. Since 2001, ANL built 30,840 housing units, out of which the legal regime for 26,625 homes was established, going to the property of the Romanian state, thus meeting a first sale condition.
Source: Agerpres (read more)

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