Changes in governmental mortgage subsidy program

The government has accepted changes in the mortgage subsidy program Apartments for the Youth (Mieszkanie dla Młodych). Under the modified program, families with two children can receive a subsidy of 20 percent of the mortgage value, compared with 15 percent before, while families with minimum three children can get a financial contribution of 30 percent of the mortgage value, an increase of 15 percentage points. In the latter case, the government also canceled the requirement that it is the first apartment owned by the family. The government has also increased the limit of total apartment space eligible for the program to 65 sqm from 50 sqm. The Apartments for the Youth program was launched in 2014 and replaced the "Family on its Own" mortgage subsidy program, which expired at the end of 2012.