The subsidies, known by their Hungarian acronym CSOK, will now be available for homes that are still in the planning stages, as well as for blocks of flats still under construction.
Applicants for the CSOK subsidies may now count their adult children as dependents until the age of 25, even if they are not studying in higher education.
In the period January-July, families submitted 14,240 applications for some HUF 38.3 billion in CSOK subsidies. However, more than 70,000 Hungarians have made inquiries at banks about the support, according to State Secretary Csaba Dömötör.
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
