27,000 new housing initiatives under the Home Start Programme in three weeks

In three weeks, the Home Start Programme Office has received dozens of developments for the construction of 27,000 new homes in rural towns, Budapest and the agglomeration, said State Secretary Miklós Panyi on the online programme "The Hour of the Fighters" on Thursday.

He stressed that the programme office is open to property developers who, as a result of the programme, are starting new developments because "the buyers have arrived". He explained that it was apparent

The Home Start Programme will kick-start the construction industry, with most new housing developments starting in the next six months or so, and this will lead to a major economic recovery.

As previously we wrote about the programme, in addition to the preferential 3% mortgage, an August government decree made a significant investment incentive available directly to developers.

Any construction investment that aims to build at least 250 dwellings, and at least 70 percent of which meet the criteria of the Home Start Programme, can become a priority national economic investment, and thus obtain a building permit through an accelerated permit procedure.