New terms for Affordable Housing for Young Families program to be developed in 2011July 9, 2010 - 14:14 AMT PanARMENIAN.Net - On July 9, Armenian Minister of Sport and Youth Affairs Arsen Karamyan summarized the results of Affordable Housing for Young Families program. “84 families have been provided loans to purchase apartments, while 10 families will join them soon,” Karamyan told journalists. "The number of beneficiaries will increase in September-December 2010, thus, our expectations will be met by 97-98%," Karamyan said, adding that young families of Shirak, Syunik and Tavush regions will be involved in the program. "The price for these apartments is twice lower than market prices; nevertheless, financial problems may arise. New terms for the program are planned to be developed in 2011 – the prepayment may be decreased from 30% to 25%. However, we cannot promise anything yet," concluded Karamyan. Another 1,000 apartments will be provided under the program until 2012.
Top stories David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. The number of state universities will be reduced from 23 to 8 by 2030, Minister of Education, Science, Culture and Sport Zhanna Andreasyan has said. From September 21 to November 11, a total of 2,820 Russians registered at a place of residence in Armenia, the police has said. The situation on the contact line between Karabakh and Azerbaijan was relatively stable overnight, the Defense Army says. Partner news | Ucom's fixed network launched in Artashat To mark this occasion, the company has introduced a special offer exclusively for Artashat residents. Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |