Deputy Finance Minister Ivan Chebeskov confirmed to RBC

[tanjimajuha20]

program is in demand in its current form

The government is discussing the option of reducing the maximum amount of IT mortgages from 18 million (applies to regions with a population of over 1 million people) to 9 million rubles, a source close to the Ministry of Digital Development told RBK. "Currently, 40% of IT mortgages are issued in Moscow, which is wrong," he noted.

The corresponding spain whatsapp resource government order, according to him, may be adopted in the near future. But in addition to this option, another one is being considered, which involves stimulating regional IT specialists to participate more actively in the program, the RBC interlocutor added. Although the scenario of reducing the maximum size is considered the main one, he indicated.

that reducing the maximum loan size for IT mortgages is being discussed. "It is being discussed. In general, various options [for changing the parameters] are being discussed, including the rate," he said, declining to disclose details. Currently, the rate for IT mortgages is 5%. As Chebeskov emphasized, the IT mortgage program will be extended, and its new terms will be presented in the near future, "the government should make all decisions soon."

The representative of the Ministry of Digital Development did not confirm the possibility of reducing the maximum size of an IT mortgage per borrower to 9 million rubles. He declined to comment in more detail, noting that the ministry is currently working on the issue of continuing the IT mortgage program. Previously, the assessment was based on forecasts for the issuance of mortgages from participating banks, and these indicators have already been achieved due to the demand for IT mortgages, he explained.

How IT mortgage works
The preferential mortgage program for IT specialists began in July 2022 and is scheduled to end at the end of 2024. Employees of Russian IT companies accredited in the register of the Ministry of Digital Development, Communications and Mass Media can participate in it. For them, the mortgage rate is 5% per annum with a down payment of 20% of the total cost of housing; the program applies to new buildings and the construction of individual houses. The maximum amount of a state-subsidized loan for residents of regions with a population of more than 1 million people is 18 million rubles, for other regions - 9 million rubles. The higher limit for densely populated regions is due to the higher cost of housing there; the highest average prices for apartments are in Moscow. The difference between the preferential and market rates is covered from the budget. Banks, by their own decision, can now increase the limit of issued IT mortgages for a specific program participant, but the difference with the established value is paid not at the preferential, but at the market rate.