More than 220 thousand applications for funds to send the parent capital to repay a mortgage loan applicants wrote to the Pension Fund of Russia for the entire year 2010. Total volume of orders exceeded 15.34 billion rubles. However, not all of them were satisfied. According to official data, the Fund invested 6.38 billion USD. to repay the 178,838 loans. Initially, citizens had the opportunity to spend mother's capital to improve their living conditions just before the end of 2010. However, in December, the President signed a law that eliminates this provision. Also, innovation is the right to use the maternity capital to pay the mortgage debt, regardless of the term loan agreement. Currently, financial assistance from the state can spend on a child's education, transfer to the funded part of pensions and cash 12 thousand rubles. for everyday needs. From 1 January 2011 the size of the parent capital of 365.7 thousand rubles.
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