Russia’s president directed the government to review preferential mortgage options for workers in the military-industrial complex in regions where labor resources are scarce, according to the Kremlin. The move underscores a broader push to link defense industry needs with housing support for personnel who help maintain national security and technological readiness. The timeline for adopting this measure places a deadline in late April 2024, with prime minister Mikhail Mishustin named as the official responsible for implementing the policy.
Earlier, in February, the government extended the state program aimed at developing the military-industrial complex. The plan initially covered 2016 through 2027, but leaders decided to push the completion date forward to 2034, expanding the program’s scope and resources to accelerate procurement and domestic production capabilities.
President Putin has highlighted that the expanded program should ensure the state defense order for 2024 can be fully fulfilled. He noted a significant rise in procurement volumes this year, signaling increased activity across defense and related industries. In a move from November 2023, the president instructed a report to the government about broadening the Far East Mortgage program to include workers in the defense sector, aiming to attract and retain skilled personnel in challenging regional markets.
Earlier statements from a State Duma deputy urged tax benefits for employees of military-industrial enterprises who have at least 15 years of service, suggesting a layered approach to support that aligns compensation, housing, and fiscal incentives with long-term commitment to defense production. These proposals reflect an ongoing emphasis on workforce stability as a pillar of national defense capability.
Questions about housing costs and market conditions have been part of the public discourse, including what rent levels might look like in the coming year as these policy shifts unfold. The government’s direction indicates a continued effort to harmonize defense spending with social benefits, aiming to ease the lived experience of workers who contribute to the country’s security and technological independence. In this broader context, the focus remains on aligning housing support, tax policy, and procurement growth to sustain the defense-industrial complex’s productivity and resilience. Attribution: Kremlin statements and official government briefings