Home » News » The coalition agrees on support for solving the problem of housing affordability – Financenet

The coalition agrees on support for solving the problem of housing affordability – Financenet

After meeting with the coalition partners tonight, Prime Minister Krišjānis Kariņš (JV) told reporters that an agreement had been reached on the continuation and improvement of the housing purchase support program.

“Tomorrow we will consider an important issue related to the availability of housing – state and municipal rental houses.

The state would like to come up with standard housing projects, which would allow to reduce the costs of such a project and could mean more affordable housing, “the Prime Minister explained.

Minister of Economics Jānis Vitenbergs (KPV LV) explained that the coalition approved two initiatives of the Ministry of Economics, which intended to address the issue of housing affordability.

The Minister emphasized that more support is provided for large families, moreover, the amount of support would increase with a larger number of children in the family.

“This is a good gesture and support for large families,” said Wittenberg.

“The second support mechanism is the development of standard projects for apartment buildings, which has been talked about for years, but nothing has progressed,” said the politician.

Minister of Environmental Protection and Regional Development Juris Pūce (AP) expressed satisfaction with the solutions supported by the coalition for the availability of housing.

“The issue of housing is an important topic that will have to be worked on more and more in the future, as it significantly hinders economic mobility in the country,” the politician assessed.

Demographic Adviser to the Prime Minister Imants Parādnieks (VL-TB / LNNK) said that today the coalition had managed to assess the latest disagreements over the housing affordability program to ensure that families with children have access to suitable housing.

“One solution is for the existing guarantee scheme, which provides for the possibility of a higher guarantee. Families will be able to receive the guarantee again if previous obligations have been extinguished, three years have passed and the family has accumulated. In response to market changes and costs, the transaction ceiling explained the Debtor.

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