The Armenian government approved on Thursday a Defense Ministry proposal to provide housing to nearly 3,000 servicemen, some of whom have been on waiting lists since the 1990s or 2000s.
Defense Minister Suren Papikyan, speaking at the Cabinet meeting, said the program will be implemented in four phases and aims to resolve long-standing housing issues for beneficiaries.
Papikyan said the initiative targets 2,850 beneficiaries who have served under the Defense Ministry or are otherwise eligible.
The program will be implemented through a mortgage lending mechanism, with 90% of financing provided by the government via banks and the remaining 10% covered by the Defense Ministry’s annual budget.
Under the plan, 735 beneficiaries will be provided housing in 2027, 812 in 2028, 719 in 2029, and 584 in 2030.
Beneficiaries include contract servicemen and civil servants in the defense system, former servicemen discharged on legal grounds, persons with service-related disabilities, and families of fallen or deceased servicemen.
Published by Armenpress, original at
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