Regulatory Alerts2014-09-08 | № 250Added · Updated
On Additional Measures to Support Young Families Active in the Social Life of the Country with Housing
The resolution establishes conditions for granting long-term preferential mortgage loans to young families actively participating in social life, specifying interest rates of 7 percent for the first five years followed by the Central Bank's refinancing rate, with loan terms of 20 years for urban housing and 15 years for rural housing. It defines eligibility criteria for young families, including age limits under 30, and mandates a registration process involving local territorial commissions and the Central Council of the Union of Young People of Uzbekistan to verify housing needs and income. The document also designates regional Khokimiyats as customers for housing construction and requires the alignment of departmental legal acts with these provisions.