Municipality in Slavonia Co-Finances Purchasing of Homes

Lauren Simmonds

As Novac writes on the 27th of September, 2019, in order to attract new residents, as well as attempt to retain current residents, the municipality of Popovac in Slavonia decided to make it easier for interested families to buy a property. Namely, the municipality provided six of them with houses whose prices average at around 100,000 kuna with a subsidy of 125,000 kuna.

The aforementioned municipality in Slavonia will participate in the payment of a quarter of each house, and the new owners will be able to invest the mentioned amount.

”For example, to buy furniture, household appliances or use it for something else,” explained Zoran Kontak, the mayor of the Popovac Municipality.

He emphasised how pleased he is with young families, couples and those who are about to have a family. A budget of 200,000 kuna was secured in this year’s budget, and he announced that he would continue with the program next year, according to a report from Glas Slavonije.

”This is just one of the measures aimed at preventing the departure of younger people, especially those who are considering whether it is wiser to buy or build a house in the Popovac Municipality,” Kontak added.

In addition to this incentive, he explained that he is also allocating 5,000 kuna for each newborn baby from the municipal budget. In addition, the municipality readily assists in the procurement of school textbooks, provides transportation for high school students, co-finances their placements, and even awards scholarships.

Otherwise, an estimated 500 people have left the Popovac municipality in recent years, which is commonplace throughout Slavonia as a whole as the demographic crisis continues to not only bite but spread across the country, affecting areas which previously saw very little movement in comparison to the Eastern Croatian region of Slavonia.

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