subsidized housing loan program

Serbia’s subsidized housing loan program for youth faces low uptake and complex barriers

Serbia launched a €400 million subsidized housing loan program in March 2025 aimed at young citizens aged 20–35 without prior property ownership. Despite high expectations, by the end of June, only 1,361 loans were finalized out of 1,732 approved, far below the planned quota of 5,500 contracts. The program offers highly favorable conditions: a 1% down payment, government coverage of 2% of the 3.5% fixed interest for the first six years, and a government guarantee covering 40% of the loan…