Community Forex Questions
What is father capital?
Father's capital is a government program that helps families with many children buy a home or pay off a mortgage.

For repayment of the existing mortgage loan, the state provides the family with a subsidy of 450,000 rubles at a time under this program. Family members whose third and subsequent children were born during the period of January 1, 2019, to December 21, 2022, can expect to receive a subsidy. The program got its name from the possibility of receiving help from both the mother and father. The program was expanded in 2021, and money can now be used not only to pay off mortgage loans, but also to buy plots, build houses, and purchase private residences.
Father capital refers to the social and cultural resources that fathers can bring to their families such as economic stability, social capital, and cultural capital.

Add Comment

Add your comment