What benefits can a Moscow young family count on?

In 2021, the Russian Government approved a resolution that helps simplify the housing issue. It contains several federal projects, including Housing and the Young Family program. In fact, the project is called “Providing Housing for Young Families,” but the press gave a more laconic name, which stuck. What is the basis of the program?

What is a mortgage for a young family

Mortgage for a young family is a program under which the state helps young families improve their living conditions.
The target audience is promising young couples who receive a stable income and can pay off most of the mortgage on their own. Young families are not offered free housing under this program. The state contributes part of the amount for housing as subsidies; the family does not have to repay the debt. The program will be valid until 2025, but it can be extended if the government considers it an effective measure.

The main differences between a regular mortgage and lending to young families with government participation:

1. Interest rate. Mortgages for young families remain at reduced interest rates in 2021. Most often, the rate is 6-10% annually, and for regular programs from 10%.
2. Initial payment. The down payment is limited, most often 15-30% of the total mortgage amount. You can contribute the amount using maternity capital. If the family does not have maternal capital, the spouses can count on a payment of 10% under the program to support young families.
3. Credit holidays. You can count on this type of support for a mortgage for young families in two cases: when building a house for 2 years and at the birth of a child for 3 years.

Such conditions make the program more attractive, and with their help, more families decide to enter into mortgage lending and acquire their own home.

Benefits for pregnancy, childbirth and child care

There are four benefits that can be received from registration at the antenatal clinic until the child is one and a half years old.

Allowance for early registration . They pay 675.25 rubles one-time. Early registration is considered to be in a hospital or antenatal clinic when the pregnancy is up to 12 weeks.

Benefits in 2021 - at State Services

To receive the payment, you will need a certificate from the antenatal clinic or hospital and an application to the Social Insurance Fund.

Amount of maternity benefits - Federal Law 81

Maternity benefit. This benefit is also called maternity benefits - either parent can receive it.

12,392 rubles - minimum wage from January 1, 2021

They pay from 12,392 rubles monthly - this is the minimum amount, it is equal to the minimum wage. If the minimum wage in the region is higher than the standard, the benefit will also be higher.

If the parent worked, the benefit is calculated not according to the minimum wage, but according to the average official earnings, but there are restrictions: the amount cannot be more than 322,191 rubles for the entire period.

The benefit is paid for 140 days if there is one child and the birth was without complications, 194 days if there are two or more children, 156 days if the birth had complications.

Benefit for the birth of a child. You can receive 18,004 rubles one-time for each child. The benefit is received at the place of work or study, and if both parents do not work, from the social security authorities at the place of registration. The benefit may be higher if there are allowances in the region, for example northern ones.

The documents you will need are an application, a parent’s passport, a child’s birth certificate from the registry office and a certificate stating that the second parent did not receive benefits - this is taken at work or at the place of study.

Child care allowance. The amount of the benefit depends on whether the parent worked before the birth of the child. If not, they pay the minimum amount - 6,752 rubles per month. If the parent worked, the benefit is calculated according to the average official earnings, but it will not exceed 27,984 rubles. The benefit is paid until the child turns one and a half years old. You can calculate your maternity benefit, taking into account your salary, on the Social Insurance Fund website:

An example of calculating child care benefits for a child up to one and a half years old for a working parent with a salary of 70,000 rubles

If you count according to the minimum amounts, for one child from birth to one and a half years you can get:

675.25 + (12,392 × 4.6 months) + 18,004 + (6752 × 18 months) = 197,218.45 rubles.

On average, it turns out to be 10,956 rubles per month.

Conditions for participation in the “Young Family” program in 2021

One of the main conditions for young families to get a mortgage is to get on the waiting list for improved housing conditions. At the same time, the family should not be poor. To receive the status of a family that requires improved living conditions, the living space must be smaller in size than the minimum established in the region or not suitable according to sanitary or technical standards. The status is confirmed by the state administration.

When entering the program, spouses must confirm their solvency and prove that their own money is enough to pay off the remainder of the mortgage. To do this, you can use a certificate from your workplace about income, a statement about the amount of money in your account. If the family is low-income and does not have enough money to pay off the debt, it will not be able to participate in the program.

Family income restrictions for participation in the program to support young families:

• without children, income from 22 thousand rubles;
• with one child income from 32,500 rubles;
• with two or more children, income from 43,500 rubles.

The program is only available to young families. This status is possible if both spouses are under 36 years of age. Cohabitation is not taken into account; it is important that the couple is married. Age is checked in 2 stages: when accepting an application for participation in the lending program and when compiling lists for distribution of money. It happens that several years pass from the first to the second stage, and the family no longer falls into the young category. Then the family loses the right to participate in the program.

A family may not have children, but this does not affect the decision to issue a subsidy. But the number of children can affect the amount that the state pays to the family. One parent up to 35 years of age inclusive can apply for participation in the program, but only if he has a child, so that he has “family” status.

Since the program is federal, there are general rules for participation. But the regional government can change or supplement them.

Tax deduction for each child

Every month, the employer pays a tax on an employee’s salary - 13%, this tax is called personal income tax, a tax on personal income. When an employee has a child, he receives a tax deduction of 1,400 rubles every month until the child reaches adulthood. This money is not immediately given to the parent; the deduction works like this:

• The parent receives a salary of 60,000 rubles before tax. The employer pays 13% tax on this salary - 7,800 rubles per month, and the parent receives 52,200 rubles.
• The parent applies a deduction of 1,400 rubles, and the employer no longer pays tax on 60,000 rubles, but on 58,600 rubles, resulting in 7,618 rubles. The difference between taxes without a deduction and with a deduction goes to the parent. In our example, this is 182 rubles.

Both parents have the right to a tax deduction - each receives 1,400 rubles of deduction per month, together it comes out to 2,800 rubles per month. The maximum deduction amount is 350,000 rubles for the entire period.

Tax deductions for children - Article 218 of the Tax Code

If a mother or father is raising a child alone, they can receive a double deduction - 2,800 rubles per month. The more children in the family, the higher the deduction:

So a family with one child will receive 4,368 rubles per year, and with two - 8,736 rubles.

How much can you expect?

When a family is included in the list of participants in the mortgage program for young families, the spouses are given a certificate that confirms their right to subsidies. But they don’t give the family money in cash; the entire amount is transferred by bank transfer to the bank.

According to the state program, the amount of assistance to a family depends on the number of children:

1. If there are no children in the family, the state compensates 30% of the cost of living space.
2. When there is one child, the subsidy amount will be 35%.
3. If there are two children in a family, the state will pay up to 40% of the cost of housing.
4. For families with three or more children, the state will transfer the amount for housing up to 50%.

In some regions, families can receive government support in the amount of up to 70-80% of the cost of housing. It is important to take into account that the amount is not calculated from the price of the apartment or house under the contract, but based on the estimated cost. To find out the estimated cost, you need to multiply the area of ​​the apartment by the cost of 1 sq. m. m of living space in the region. The exact amount is included in the subsidy certificate. If housing actually costs more than the estimated cost, the family pays the difference on its own or with the money issued on the mortgage.

Last news

At the end of 2021, it was made easier for young families to receive housing payments - now apply for social benefits. assistance for purchasing a home is available remotely - through State Services . To do this, one of the spouses must have an electronic signature.

According to Svetlana Bessarab, a member of the State Duma Committee on Labor, Social Policy and Veterans Affairs, a simplified procedure for submitting documents will save young families from hours-long queues.

Previously, in order to help even more families buy housing, the Ministry of Construction developed a bill, according to which it was proposed to increase the maximum age of participants in the Young Family program from 35 to 40 years . However, this initiative has not yet been adopted. Perhaps the authorities will return to this problem and adopt appropriate changes in 2021.

How can you manage money from government support?

The money under the certificate can only be spent on purchasing or purchasing housing for a young family. You can buy an apartment on the primary or secondary market or compensate for the cost of building materials or the work of builders.

The subsidy can be paid as the last share contribution if, after full payment, the housing becomes the property of the young spouses.

Spouses can participate in the young family lending program only once. When entering the program, housing must be located in the same region where the spouses applied for participation. An additional condition is that the living space must not be purchased from relatives.

Expert commentary

“The state provides benefits for young families and large families, and compensates banks for losses when rates on mortgage loans provided under government programs are reduced,” Vrublevsky noted.

Based on the frequent cases of bank closures, we also asked how young families can determine that the bank providing a mortgage will not close soon.

Vrublevsky advised to check whether the bank was in the stage of financial recovery or external management. The fact is that such procedures precede the bankruptcy of a credit institution. All data is publicly available on the website of the Central Bank of Russia.

But how should those people whose bank was liquidated behave? We received an answer to this question as well.

How to become a participant in the state program

To qualify for participation in the mortgage program for a young family, spouses need to:

1. Contact a credit institution and fill out an application. Please fill out your personal and contact information in the form. Check the information carefully, as if an error is identified, the loan will be denied.
2. Wait for the organization's decision.
3. If the decision is positive, collect the necessary documents and present them to the FSO officer.
4. Wait for the check to finish. Bank employees analyze and verify the received data. Some applicants may receive a call to verify certain information.
5. Execute the agreement after passing the verification.

The administration will also need to clarify the standards and requirements for housing. When the lender receives information that money is being allocated for your family, you will need to obtain a certificate for the subsidy. The application must be written within 15 days. You need to come to the bank with this certificate to further apply for a mortgage.

Expert advice

“You can get it through the tax office or through your employer. In this case, the employer will not withhold personal income tax of 13% from your salary. The maximum deduction amount per family for an apartment purchased after January 1, 2014 is no more than 1,300,000 rubles, for one person no more than 260,000 rubles,” Vrublevsky said.

We advise you to contact an experienced specialist and discuss all the nuances with him. He will help determine what the chances of receiving subsidies are, whether the bank will approve the mortgage and tell you what documents are best to prepare. If you do everything correctly, then there will be no problems with purchasing a home.

What documents are needed to participate?

To participate in the lending program you will need:

1. Passports of both spouses.
2. Marriage certificate.
3. Children's birth certificate.
4. Certificates of earnings of spouses.
5. Photocopies of work records.
6. Extract from the Unified State Register of Real Estate.
7. Confirmation that the family needs improved housing conditions.
8. SNILS.

If any additional documents are required, the bank will request them at the preliminary stage.

Subsidy amount

Monetary assistance is transferred to the applicant only in non-cash form. He is awarded a personalized certificate. Its validity period is 9 months. If during this period the funds were not spent on the allocated purposes, then they are returned back to the budget. To receive them again, the applicant must re-assemble the set of documents and get in line.

The amount of financial assistance for the purchase of real estate is:

• 30% of the average or market value - applicable for households without children;
• 35% of the average or market value - for families with one or more children, as well as for single-parent families (one parent + one or more children);
• 50% - when purchasing housing in a new building. This condition is not met in all regions of the country.

How to get in line and not get out of it

To obtain the status of a family in need of improved housing conditions, you need to register and wait for your turn. Every year thousands of families submit documents; in total, there are several hundred thousand participants in the waiting list throughout the country. But every year 15-20 families in the region receive housing. It turns out that the wait stretches out for several years. During this time, the spouses can get a divorce, get a house on their own, or turn 36 years old.

There are several factors that determine how long you wait in a queue:

1. The number of participants who are already in the queue.
2. Amount of financing. Each year, a different amount is allocated for program participants. This affects the speed of the queue.
3. Availability of new benefits. Families who have new benefits can move through the line faster. For example, more children may appear in the family, and it will become large.

The average waiting period is from 2 to 4 years. Therefore, submit your application as early as possible, immediately upon marriage, then the likelihood of becoming a participant in the program will be higher than for those spouses whose age is already close to 36 years.

Important

“If a bank is liquidated, then its borrowers, as a rule, are bought by another bank at auction. At the same time, the lending conditions may be changed and the loan rate may be increased,” the expert clarified. — In case of bankruptcy, the bank is transferred to the state corporation “Deposit Insurance Agency”. She finally decides the fate of the bank, since she is the bankruptcy trustee during the bank bankruptcy procedure.”

And yet the mortgage hides many pleasant surprises. One of them is a tax deduction. In an interview, the lawyer explained that any Russian who paid taxes to the budget can receive this payment. The amount of the tax deduction depends on the year in which the property was purchased.