What new support mechanism has been approved?
The Cabinet of Ministers of the Republic of Uzbekistan has adopted a resolution establishing a state support program for teachers of the highest qualification category with at least 15 years of professional experience. Under the new mechanism, eligible educators may receive up to 25% of their mortgage down payment from the state budget.
Which housing purchases qualify for the subsidy?
The subsidy applies exclusively to housing purchased on the primary market and only within the applicant’s region of permanent registration. For instance, residents of Tashkent city are eligible to buy apartments in the Tashkent region.
Applications can be submitted through Public Service Centers or via the Unified Government Services Portal. No additional documents are required, as all data is verified automatically through state databases.
Who is eligible to receive the subsidy?
The right to apply is granted to teachers holding the highest qualification category with at least 15 years of experience, a positive credit history, and no previous receipt of similar mortgage subsidies. The benefit may be provided only once per family (spouses).
After automatic verification based on social criteria, applicants receive an electronic notification with a QR code within two working days.
How is the mortgage and subsidy processed?
Banks issue mortgages according to their internal lending policies. The state subsidy is transferred strictly for covering the down payment portion of the loan.
If the required down payment exceeds the subsidy amount, the remaining balance must be paid by the applicant. The Ministry of Economy transfers the subsidy funds within five days following the bank’s request.
What are the conditions for proper use and return of funds?
Subsidy funds must be used exclusively for their intended purpose. If not utilized within 30 days, the amount must be returned to the state budget with a penalty of 0.033% for each day of delay.
In the event of mortgage contract termination or resale of the property, the full subsidy amount is subject to repayment.
In which cases can the subsidy be denied or revoked?
Authorities may refuse the subsidy if violations are identified, including submission of inaccurate information, a negative credit history, prior receipt of similar state support, exceeding established limits, or participation in other government programs.
If violations are confirmed, a commission or court may cancel the subsidy. In such cases, both the applicant and the bank are notified within three days.
This article is based on information published by UzDaily, with wording revised for originality.