PAVLODAR – The Affordable Housing 2020 programme has begun to be implemented in Pavlodar, where more than 560 families – 9,000 people – are on the regional centre’s waiting list for the programme. Local authorities are preparing for task of providing them all with housing by 2014.
Young families will be amid the first social groups to enjoy rental housing on favourbale terms.
Participants at the meeting were informed that the cost of housing would be significantly lower than it is on the secondary market. The rental housing being built corresponds to the third and fourth levels of comfort; third-class comfort will cost 90,000 tenge per square metre and fourth class will cost about 80,000 tenge per square metre.
Through the programme, young families (the heads of which must be 29 years old or younger) will receive rental housing with subsequent purchase. Families may stay in the rental units for up to eight years, during which time they will accumulate housing savings for obtaining housing loans. During the period of residence young families are exempt from rent.
Affordable Housing 2020 was launched in all regions of Kazakhstan last year with the goal of building 63 million square metres of housing in the country. This programme represents a new direction in the construction and sale of rental housing on favourable terms for all citizens. Across the country, 3,000 apartments are to be assigned annually during the term of the programme.
