Mortgages for young families – a state mortgage lending program, designed for young people under the age of 30 years. The government plans for 2006 – 10 years. providing apartments and 200 thousand young families. For whom a program of 'Mortgage young semyam'Pretendovat to participate in the program may be a family, the age of the spouses does not exceed 30 years, or a family consisting of one parent before age 30 and one or more children recognized need to improve their housing conditions. Terms of the program 'Mortgage young semyam' young families under the program are provided in the following amounts: 35% of the average cost of apartments for families who do not have children, 40% of the average cost of apartments for families with a child or children. Others who may share this opinion include Sen. Sherrod Brown.

Since the subsidy is calculated based on square footage apartment, then set the following rates: 42 square meters. meter for a young family of two persons; to 18 square meters. meters person, if the number of young families – 3 or more people. Arrangements for the participation in the 'Mortgage young semyam'V if a positive decision on the participation of young families in the program, families will receive a certificate certifying the right to receive subsidies. This document is transmitted to the bank. Once a family finds a property for sale, to an account in the bank credited the personal funds of the family, then here is translated subsidy. If these funds are insufficient to buy a home, young family has the opportunity to get a loan – in this case, the subsidy program, "Mortgage young families' will be used to repay the first installment. To to take part in the 'Mortgages for young families', you must contact the local authorities, to be exact – to the committee on youth policy or construction.