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Government housing program "Apartments+" from April 2016

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"Poland's Prime Minister Beata Szydło will most likely present details of a housing program aimed at providing cheap apartments for rent in April," the press office of the Ministry of Infrastructure and Development announced. Apartments would be built on Treasury-owned land plots, which would enable keeping construction costs below PLN 3,000 per sqm. Families who rent the apartments would be able to gradually acquire ownership rights. Furthermore, the cost of repayment of such an apartment would be lower than a commercial credit. Last Saturday, the Prime Minister said the government will present "a very ambitious housing program" ("Apartments+"), which could be both for loans, and affordable housing to help families with average incomes get an apartment.

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