In 2014, the program will benefit from funds of RON1.2 billion, similar with 2013, plus the RON740 million unused in 2013, out of which RON495 million for the acquisitions of homes developed by national housing agency ANL, the fund said in a press statement.
FNGCIMM granted last year 25,500 guarantees for the First Home program, with an average value of EUR37,000 each.
In 2013, over 51% of the buyers preferred two-room apartments, while Bucharest tops the charts, followed by Cluj, Ilfov, Timis and Constanta counties.
According to the FNGCIMM press release, other lenders can join the program besides the 16 banks already registered in the First Home program.
The non-performing loan ratio of the program is 0.1%.