Experts warn that the growing popularity of the Safe Credit 2% program may result in the pool of funds allocated for it being exhausted. Minister of Development and Technology Waldemar Buda announced on Radio Plus that the government intends to add funds to the program.
On Wednesday, Minister of Development and Technology Waldemar Buda was a guest of the “Sedno Sprawy” program on Radio Plus. One of the topics of the conversation was Safe Credit 2%. Yesterday, exactly three months passed since the launch of the program. Experts warn that the growing popularity of the program may result in the pool the funds allocated for it will be exhausted. Buda emphasized that this year everyone interested will be served, and next year the government intends to “add more”.
The government will add 2% to the Safe Credit.
– At the end of the year, we will update these values and add funds. The Prime Minister said that in 2024 we will rather adjust this limit to the number of interested parties – said the head of the Ministry of Development and Technology.
Buda explained that in the case of the new program, “it is difficult to predict the exact number of beneficiaries and the size of loans that will be taken out in this program.” When asked whether, for example, next spring it would turn out that the pool allocated for the 2% Safe Credit had been exhausted, the guest broadcast replied: – NO. This is dedicated to a very narrow group, the group that wants to buy their first apartment. Such a program should always be in force.
The regulation on development pathology later than announced?
After the European Commission notified an amendment to the regulation on the technical conditions to be met by buildings and their location, the Ministry of Development and Technology changed the regulation to combat the so-called path developer. Waldemar Buda announced in mid-September that he would sign the new regulation on any given day, which should enter into force on January 1, 2024. However, the regulation has not been signed yet. The Minister of Development and Technology admitted in the broadcast that he was considering the date when the new regulations would enter into force. – We are analyzing whether some regulations should be postponed a bit and others introduced – Bud said.
When asked when – if not in January – the regulations could come into force, the head of the Ministry of Development and Technology replied: “Maybe April.”
The Polish Association of Developer Companies recently appealed to the Ministry of Development and Technology to extend the vacatio legis of the draft regulation until April.