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Over 1,700 people purchased dwelling under First Home programme

11:45 | 22.03.2019 Category: Economic

Chisinau, 22 March /MOLDPRES/- The number of people who bought their own home under the First Home government program reached 1,762 almost one year after its launch.

Of the total beneficiaries, 73 percent are young families, and the rest are young unmarried.

Commercial banks provided loans worth 861.5 million lei for the purchase of dwellings.

According to data by the Organization for the Development of Small and Medium-Sized Enterprises (ODIMM), the total amount of active assets is 430.7 million lei. The average age of applicants is 31 years.

ODIMM data also show that the total area of the buildings purchased by the beneficiaries reached 104.5 thousand square meters, the average area of an apartment being an average of 59 square meters. Of the total dwellings, 94 percent were bought in the cities, and the rest - in the villages. At the same time, most of the beneficiaries or 92.5 per cent chose to buy an apartment from credit, and the rest of the people bought a house on the ground.

Recently, ODIMM has announced that people who have applied to the First Home Program can check the file on-line. The institution has launched a new technical application that facilitates access to information with a single click, by visiting - www.odimm.md.

The First Home program was launched at the initiative of Prime Minister Pavel Filip on 26 March 2018.

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