First Home Program Continues in 2020 with RON2B Guarantee Budget

Romania's subsidized mortgage lending program for first time homebuyers will continue in 2020 and has a guarantee budget of RON2 billion, the same as in previous years.

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Government spokesperson Ionel Danca said the government adopted a decision to continue to First Home program.

Since the launch of the program in 2009 until end-July 2019, over 279.000 people benefited from state guarantees totaling RON24.9 billion.

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