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From today, KredEx is starting to receive applications for home grant aimed at families with many children. A national non-returnable grant allocated by the Ministry of Economic Affairs and Communications is meant for families with at least four up to 19-year-old children, whose income per one member of the household is up to 4350 kroons during the income declarations of the past 2 years. The grant is issued in the form of state financing of a part of performed work or procured living premises. The term for submitting applications is May 31st, 2010. „Ensuring of good living conditions of families with many children continually means a lot to me,“ said Minister of Economic Affairs and Communications Juhan Parts, who initiated the home grant programme in year 2008. „The grant programme has justified itself in many ways, we have got a good overview of the situation of families with many children, and up to now, 759 families with almost 4000 children have received help,“ Parts added. An applicant has a right to receive a grant for financing of one project, and the maximum grant amount is 100 000 kroons. If the household of an applicant has 8 or more children, the maximum grant amount is 200,000 kroons. The state supports the performance of projects aimed at improving of the applicant’s housing conditions in the extent of 90-100% of the project cost, and the grant amount depends on the average taxed income in the past two years per member of the applicant’s household. Activities eligible for the grant are construction of living premises, reconstruction or expansion thereof, purchasing of living premises, repayment of the main part of housing loan or self-financing payment support, construction, amendment or replacement of technical systems or networks of the living premises, renovation of living premises. Households that received the grant for families with many children from KredEx in years 2008 and 2009, cannot apply for the grant. Additional information regarding the grant, as well as the instruction for application for the grant approved by the Minister of Economic Affairs and Communications can be found here.
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