Send an enquiry

Sending this message, you accept the Cookies and privacy policy

RU

New revised housing plans for remote and disadvantaged areas

New revised housing plans for remote and disadvantaged areas

30.05.2024

New revised housing plans for the revitalization of mountainous, critical and disadvantaged areas, selected rural areas and benefits to support residents of mountainous and remote areas were approved by the Council of Ministers at a meeting today.

These are housing plans for financial support for the purchase of housing in mountainous, rugged and disadvantaged areas and selected rural areas, which have been implemented since 2019.

In his statements after the adjournment of the Council of Ministers, Minister Constantinos Ioannou stressed that housing plans and benefits to support mountain residents “were implemented with great success by the previous government in 2019.”

The Minister noted that from the beginning of their implementation until today, 1,500 applications have been approved, which corresponds to financial assistance in the amount of 55 million euros, and in 2023, about 14,000 eligible households received assistance, which corresponds to 29,500 people, for a total the amount of 7.5 million euros.

He noted that despite the very encouraging response from citizens and amendments made in previous years, the ministry has received many suggestions to improve the schemes to maximize benefits to the beneficiaries and address problems that have become apparent over time.

Ioannou added that as a result, after consultation, they decided to make further changes so that more people can benefit and make them more attractive to citizens. The plan is extended until 31 December 2025 and converted into a two-year scheme to give interested parties sufficient time to obtain the necessary planning and building consents required to submit applications.

Source and photo: www.stockwatch.com.cy, Editor estateofcyprus.com
[addtoany]

Latest Cyprus News

Elmira

Call or text me for advice

+357 95 117091

Leave your contact details. We will contact you shortly and provide a free consultation