40,000 Hungarian Families Access CSOK Home Purchase Subsidies

  • 27 Mar 2017 7:00 AM
40,000 Hungarian Families Access CSOK Home Purchase Subsidies
Some 40,000 Hungarian families have availed of more than 102 billion forints (EUR 328.7m) in home purchase subsidies since the government launched the CSOK funding platform in the summer of 2015, state secretary Ágnes Hornung said at a conference organised by Portfolio.hu.

This year’s budget allocates 211 billion forints (EUR 680m) for home purchase subsidies, up from 148 billion forints (EUR 477m) last year.

Hornung said proposals on “fine-tuning” the government’s home subsidy scheme, including ones affecting the CSOK platform and VAT, are being drafted.

Republished with permission of Hungary Matters, MTI’s daily newsletter.

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