Housing built with RA government`s financial assistance cannot be  seized

ArmInfo.  Housing built by residents of the country's border regions with financial assistance from the Armenian government cannot be seized, confiscated, or  applied toward the beneficiary's other obligations during the term of  the mortgage loan. This decision was made at a government meeting on  July 9.

As Deputy Minister of Labor and Social Affairs of the Republic of  Armenia Artem Smbatyan noted in his speech, on June 9, 2022, the  Government of the Republic of Armenia approved the "State Support  Program for Providing Affordable Housing to Families in Border and  Individual Settlements of the Republic of Armenia for 2022-2027,"  which aims to support the improvement of families' housing conditions  by creating appropriate conditions for the sustainable development of  families (households) in border areas.  By a government decree dated  March 19, 2026, the program was renewed for beneficiaries who  received a permit to build an individual residential building in  border rural settlements or acquired a land plot for this purpose  between January 1, 2024 and May 1, 2025. At the same time, new quotas  have been established in border rural communities where the  population-to-beneficiary ratio of the program must be less than 10%,  as well as in border rural communities where the number of vacant  places in schools being built under the "300 Schools" program exceeds  50%. As of June 17, 2026, 3,800 families have received beneficiary  status under the program, of which 2,598 have received loans.

However, during the program's implementation, problems arise in the  lending process by financial institutions when beneficiaries have  current overdue loan obligations and, as required by law, their  property and income are subject to seizure. In this case, the problem  arises both when transferring the loan amount to a bank account  opened in the beneficiaries' names and due to the risk of the seizure  extending to future real estate. The draft proposes establishing that  financial assistance provided under the program, including real  estate built with a mortgage loan, cannot be seized, confiscated, or  offset against other obligations of the beneficiary during the term  of the mortgage loan. It is proposed to make this provision  retroactive, so that it applies to loans issued after January 1,  2023.

The draft also proposes regulating cases where recipients of  assistance served in the mandatory military service during the year  preceding the application date for the program and do not actually  meet the requirement of registration in the given locality during  that period. In such cases, it is proposed to verify the fact of  registration in the given locality during the year preceding the  application.