Weekly newsletter

Family Minister: More Than 184,000 Families Benefit from Home Purchase Support

MTI-Hungary Today 2021.08.10.

More than 184,000 families have benefited so far from the government’s family home purchase subsidies (csok) and more than 25,000 families applied for the home renovation subsidies since the latter scheme was launched early this year, Minister for Families Katalin Novák said on Tuesday.

Novák said payouts of more than 20 billion forints (EUR 57m) in home renovation subsidies had been made already. These families also applied for state subsidised home renovation loans of 24 billion.

Under the scheme, the government is offering to cover up to half of home renovation costs, with a grant capped at 3 million forints, for families with at least one child. Households can take out a subsidised loan to cover the other half of project costs.

'Successful Family and Economic Policies Go Hand in Hand' - Family Affairs Minister Novák at the Hungary at First ‘Site’ Conference
'Successful Family and Economic Policies Go Hand in Hand' - Family Affairs Minister Novák at the Hungary at First ‘Site’ Conference

Although the challenge of stopping demographic decline sometimes seems “almost impossible,” Hungary decided to move forward with its policies to help families have as many children as they want, Katalin Novák, the minister for family affairs said on Tuesday at the international “Hungary at First ‘Site‘” press conference organized by the Friends of Hungary Foundation, […]Continue reading

In the featured photo illustration: Family minister Katalin Novák. Photo by Attila Kovács/MTI