First Home governmental programme of Moldova to be extended

15:15 | 15.06.2018 Category: Economic

Chisinau, 15 June /MOLDPRES/ - Young people who own dwellings in villages, got by inheritance or donation, as well as young people who own dwellings along with other family members, within which they own less than six square metres of dwelling space, will be able to apply for the First Home programme. The parliament approved a draft law to this end in the first reading today.

Only people who did not own along with the husband or wife another dwelling during one year before asking for the loan have been eligible so far.

The authors of the draft law, which sees extension of the list of beneficiaries of the First Home programme are MPs of the Democratic Party (PDM). The authors said that, after the launch of the programme on 26 March, more situations had been discovered when young people who inherited a house in the countryside were not able to apply for the programme, although they were in need of a dwelling.

The draft law also proposes to specify the period of calculating the guarantee commission and namely starting from the first day of providing the loan to Programme’s beneficiary and till the full payment of the loan, and in case the state guarantee is fulfilled – till the sale of the mortgaged dwelling.

At the same time, the Fiscal Code and the law on state social insurances budget for 2018 will be completed, in order to back beneficiaries of money compensations provided from the state budget to the participants in the First Home state programme. “The money compensation sums provided from the state budget are suggested to represent non-taxable income sources for beneficiaries, and respectively, contributions of mandatory state social insurances and the mandatory health insurances primes related to them will not be calculated.

The way of providing compensations from the state budget to people participants in the First Home state programme will be established by the government.

The draft is to be passed in the final reading.

(Reporter A. Zara, editor L. Alcaza)

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