Subsidized Mortgage Loan — An Opportunity to Seize Together with Archtour
As your family grows and thoughts of a new chapter begin to take shape, one place often comes to mind first: life by Lisi Lake. In that rare corner of Tbilisi where the city still breathes freely, dozens of families begin a new life each month.
What may once have felt manageable — living in a hard-to-reach neighborhood, in a building without a yard, amid street noise and exhaust fumes — quickly loses its appeal when a child arrives. Parenthood shifts priorities. Every mother and father begins to think about a larger, healthier, safer home. Yet without a mortgage loan, purchasing real estate remains out of reach for many families.
This is precisely why the state subsidy program was created — to support large and young families by assisting them in repaying their mortgage loans.
What Is a Subsidized Mortgage Loan?
The mortgage interest subsidy program is a government initiative originally introduced during the pandemic to support the construction sector. It has since evolved into a targeted program designed to assist large families.
The program supports families who have three or more children, as well as parents of newborns born after September 1, 2021, by helping cover their mortgage loan payments. Its primary goal is to improve housing conditions for young and growing families.
What Does the Program Finance?
Under the program, eligible families — including large families and parents of newborn children — can receive five years of state-backed mortgage interest subsidization.
The subsidy applies to:
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Newly built residential projects
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Existing properties
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Private home construction
What Does the Subsidy Cover?
If you purchase property from a development company or a private seller, or build your own home, the state will subsidize the mortgage interest rate by up to 8% for a period of five years.
The maximum amount eligible for a subsidized mortgage loan is 200,000 GEL.
Who Is Eligible for the Subsidized Mortgage Program?
A) A family, single parent, or widow(er) who, at the time of applying for the loan, has a child under one year of age born after September 1, 2021.
B) A family, single parent, or widow(er) who has three or more minor children at the time of application.
C) A family, single parent, or widow(er) who has a minor child adopted after September 1, 2021, at the time of applying for the loan.