President chairs a meeting on the priority tasks of building residential buildings in “Yangi O’zbekiston” (New Uzbekistan) neighborhoods and implementing the mortgage program in 2023.

At the initiative of the President, the implementation of the “My First Home” program will begin in Tashkent region. A special housing company will be formed under the Ministry of Construction, Housing and Communal Services. 36 hectares will be allocated, a project for the integrated improvement of this territory will be developed. 58 high-rise buildings for 2.5 thousand families will be built on the site, meeting all standards.

Monthly payments for two- and three-room apartments in these houses will be lower than current subsidized mortgage payments.

The Ministry of Construction, Housing and Communal Services, the Hokimiyat of Tashkent region were instructed to finalize the master plan for the town “My First Home” within a week and submit the project for expert and public discussion.

UzA