2027 Budget: 4,000 subsidised loans for young couples to buy their first home

TIRANA, Nov 15 /ATA/ The 2027 budget includes new measures to support young couples in purchasing their first home by improving access to financing through subsidised loans and rent assistance for those not yet able to buy a property.

Prime Minister Edi Rama announced that the new social housing package would provide 4,000 subsidised loans for young couples seeking to purchase their first home.

Under the scheme, 2,000 loans will be offered at 0% interest rate for the purchase of apartments valued at up to ALL 6 million, while a further 2,000 loans will carry an interest rate of 3% and apply to properties exceeding this threshold.

The government will cover the interest costs, aiming to ease the financial burden on young couples and make it easier for them to purchase their first home.

The government has also introduced a rent subsidy for young couples who are not yet in a position to buy a home, helping them manage their housing costs more easily.

The aim is to give more young people the opportunity to start a family, secure a safe home and build their future in Albania.

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