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OFFICIAL: GOVT TO EXPAND HOME CREATION SCHEME IN 2019

 

The government will continue and expand its home purchase subsidy scheme (CSOK) next year, the state secretary for family and youth affairs said. More than 92,000 families have availed themselves of the subsidy since the programme’s introduction in 2015, Katalin Novák told a news conference. She noted that next year’s budget allocates 242 billion forints (EUR 752.8m) for the scheme, the most the government has ever spent on the programme. The state secretary also noted that the government has raised subsidies available for families raising two children to 10 million forints. Prior to December 1, 10 million forint loans were available only to families with three or more children. At the same time, the credit limit for families with three children has been raised to 15 million forints, she added.