New program to provide housing without initial contribution at low interest, Nazarbayev

ASTANA. KAZINFORM President of Kazakhstan Nursultan Nazarbayev has announced today a new state program to provide apartments without initial contribution at low interest.
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The Government will build social rental housing for a long lease with a purchase option," Nursultan Nazarbayev said delivering his State-of-the-Nation Address. KZT 180 bln will be allocated in 2015-2016 to have this program realized. "Low interest will make real estate mortgage more available for a broad strata of Kazakhstan's population," the President added delivering his Address to the Nation 2015.

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