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Sk1.2 billion to boost housing construction

THE STATE housing development fund (ŠFRB) will distribute Sk1.2 billion to promote low-income housing and residential construction, the Pravda daily wrote.

The Construction Ministry decided that by the end of the year, the ŠFRB should receive Sk900 million in support of housing for low-income groups, while the remaining Sk300 million should be spent on supporting residential construction. The money was transferred from other ŠFRB funds.

Compiled by Beata Balogová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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