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In Aktobe, more than 50 families received keys from apartments under the rental housing program

In Aktobe, more than 50 families received keys from new apartments located in the “Kirpichniy” residential estate. People on the waiting list for social rental housing, i.e. single-parent families, public officers, employees of budget organizations and military servants became owners of apartments. Apartments were purchased by the Kazakhstan Mortgage Company, a branch organization of “Baiterek” Holding, in the framework of implementation of the Regions Development Program until 2020 and have final finishing.
Thanks to support of the President and successful implementation of the state programs since 2015 Aktobe residents are provided with rental housing with a repurchase option in the number of more than 700 apartments; another 476 apartments are expected to be delivered by the end of the year.
In total, more than 500 thousand square meters or more than 8 thousand apartments have been put into operation across the country since the beginning of implementation of the Regions Development Program until 2020  supported by “Baiterek” Holding. Residential areas have been commissioned in the cities of Astana, Almaty, Shymkent, Aktau, Ust-Kamenogorsk, Karaganda, Kokshetau, Kostanay, Kyzylorda, Pavlodar, Semey, Taldykorgan, Taraz, as well as in Almaty, Akmola and East-Kazakhstan regions.
In 2016, MO Kazakhstan Mortgage Company JSC, supported by “Baiterek” Holding, will put into operation more than 326 thousand square meters of rental housing over the country.  
In total, it is planned to provide 1.4 million square meters of rental housing for the 5-year period of the Program implementation.
“Baiterek” National Management Holding JSC was established in accordance with the Decree of the President of the Republic of Kazakhstan dated May 22, 2013. The purpose of the Holding establishment is the promotion of the development and diversification of the economy, investment attraction, clusters development and improvement of the corporate management system in its branch organizations. The Holding includes Kazakhstan Development Bank JSC, Investment Fund of Kazakhstan JSC, House Construction Savings Bank JSC, Kazakhstan Mortgage Company JSC, KazExportGarant JSC, Damu Entrepreneurship Development Fund JSC, National Agency for Technological Development JSC, Kazakhstan Fund of Mortgage Loans Guaranteeing JSC, KazynaCapitalManagement JSC, “Baiterek” Development JSC and “Center for Support of Public-Private Partnership LLP. The Holding has the rights of ownership and use of the state-owned stake of these companies.