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Those Who Served In Army Will Have Better Adtvanges For Housing

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  • Those Who Served In Army Will Have Better Adtvanges For Housing

    THOSE WHO SERVED IN ARMY WILL HAVE BETTER ADTVANGES FOR HOUSING

    Tert.am
    17.05.10

    Accesible Flats for Young Scientists - a project aimed at securing
    cheaper flats for young Armenian scientists and implemented under the
    auspices of Armenia's Prseident Serzh Sargsyan - has been enlarged,
    Deputy Minister of Sports and Youth Policy of the Republic of Armenia
    Arsen Karamyan said at a press conference today.

    According to Karamyam besides young Armenian scientists, now
    representatives of culture, including writers, can participate in
    the project and have their own flats.

    The construction of a building in Kanaker-Zeitun administrative
    districts in Yerevan comprising of 300 flats will start from August 1.

    One square meter of these flats will cost about 180,000 AMD (or $463
    USD), which is 2.1-fold cheaper than the current market price.

    "What we want is that young scientists and representatives of culture
    be able to pay off the price of the flat during 25 years, by a 20%
    prepayment and with a 8.5-9 annual rate," said Karamyan, adding that
    the monthly payment will be 63,000 AMD.

    Speaking about those citizens who have returned to scientific work
    after their military service in the army, Karamyan said that they have
    some advantages while participating in this project. Particularly,
    according to him that state may possibly pay the 20% prepayment
    instead of them.
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