Subsidies for homebuyers may reach PLN 570 million in 2015

The "Apartments for the Youth" (MdM) program run by the Bank Gospodarstwa Krajowego may pay out PLN 570 million in 2015, compared with PLN 350 million in 2014, according to Bogusław Białowąs, vice director of the Agency Services Department at BGK. BGK informed the public that as of December 10, the bank fulfilled 14,829 applications for aid for new homebuyers. The limit of the subsidy in 2015 will amount to PLN 715 million. The entire Apartments for the Youth program is worth PLN 3.5 billion.