Builders to give loans at 6-9% per annum

Cheap loans can lower the cost of economy-class housing. At the meeting of the Supervisory Board of Vnesheconombank Vladimir Putin offered not limited to stimulation of mortgage, and to expand the company's participation in housing programs. Prime Minister invited the Bank to be sent to support the development of economy-housing 50 billion rubles., According to Vedomosti. The source could provide revenues from growth stocks during the crisis. According to the scheme, Vnesheconombank will provide loans to other banks at 3% per annum, and those, in turn, will give preferential loan to builders under 6-9%. This privilege will apply to those companies that are part of regional housing programs. In the stage of solution is the division of risks between the parties to the credit relationship. Currently, lending construction companies are under the 10-15% APR. Experts estimate that the preferential 50 billion rubles. Vnesheconombank will build approximately 1.7 million square meters of housing. Recall Putin himself called on to build more than 100 million square meters of housing per year. According to the president of Builders Association of Russia Nikolai Koshman, this year will build only a third of the projected - 35 million sq m