09
04, 2011

President Sargsyan participated in the inauguration of the apartment building, constructed in the framework of the Housing Assistance to the YSU Young Staff project

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The President of the Republic of Armenia, Chairman of the Board of Trustees of the YSU Alumni Association Serzh Sargsyan in Avan administrative region of Yerevan participated today in the inauguration of the apartment building, constructed in the framework of the Housing Assistance to the YSU Young Staff project. The President of Armenia toured the compound of the multi-apartment and multifunctional building and visited the apartments of the beneficiaries. The building, constructed in the framework of the project, has modern architectural design and comprises 315 units.

As directed by the President, the YSU Alumni Association allocated necessary funds to present the family of the fallen freedom fighter Vartan Hovhannissian with the apartment. During the official ceremony of inauguration, the family of the fallen freedom fighter was handed the keys and the ownership certificate for the apartment.

President Sargsyan was informed also on the progress of the second phase of the Housing Assistance to the YSU Young Staff social project. It was noted, in particular, that another multi-apartment building is to be constructed next to the compound inaugurated today. It will allow the young specials from a dozen of the RA state higher education establishments to acquire new apartments at affordable prices. The construction works in the framework of project, which encompasses all higher education establishments of Armenia, commenced in May 2010 and are to be concluded in November 2012. The second phase of the works is implemented in response to great interest towards the project on behalf of young specialists, their desire to obtain housing at affordable prices and is aimed at solving social and housing problems of young scientists.

Another multi-apartment building is to be constructed in Tavush marz, for the young families from Ijevan and Dilijan. In the near future, social housing programs will be organized also for young doctors, journalists and winners of international competitions, as well as for the young athletes who uphold prestige of the Republic of Armenia.

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