What can you spend on maternity capital?

Under the "mother" or "family" capital today is understood not only the largest payment of federal significance, the right to receive it occurs in any parents who have decided to birth or adoption of the second and subsequent offspring after 2007, but also regional measures to support large families.

These payments are among the most significant, so most moms and dads look forward to being able to dispose of them and are making far-reaching plans. In fact, with the help of these financial assistance measures, not all desires can be realized. The legislation of the Russian Federation strictly specifies a list of possible options for the implementation of maternity capital, both federal and regional.

In addition, there are other conditions that may limit the possibility of sending these funds to certain purposes. In this article we will tell you what it is now possible to spend the maternity capital in accordance with the laws in force, and when this can be done.

Where can I spend federal maternity capital?

The largest measure of state aid, the size of which currently reaches 453,026 rubles, the overwhelming majority of young parents are sent to solve the housing problem, that is, the purchase or financing of construction of a dwelling. At the same time, if an apartment or an apartment house is bought for personal money from the family without borrowing loans, by law, maternity capital can be added to them before the child is three years old, on whose birth he was issued.

If the means of the family certificate are intended for repayment of a previously taken mortgage loan, you can dispose of them, starting with the first days of life crumbs. Similarly, this cash payment can also be used as a first payment for registration and receipt of a new housing loan.

In addition, those parents, whose child is officially recognized as an invalid , can spend this impressive sum without waiting for the execution of the child for 3 years . In such circumstances, the means of the maternity certificate can be used, in whole or in part, to convert the living quarters in accordance with the needs of the "special" baby, and also to purchase special devices and adaptations for its social adaptation and rehabilitation.

Finally, in the future, this amount of financial assistance can be spent on paying for the education of the offspring in the school and his residence in the hostel, as well as on increasing the size of Mamochka's future pension.

It should also be noted that before the end of March 2016, each family that received a certificate for maternity capital has the right to apply to the Pension Fund and receive 20,000 rubles from this amount in cash. Dispose of these finances by young parents at their own discretion.

What can be spent on regional maternity capital?

As far as regional payments are concerned, everything depends on the place of residence of the young family, as the conditions for obtaining it, the size and the possibilities for implementation in different regions may differ significantly.

In particular, in St. Petersburg, the regional maternity capital, which is 100 thousand rubles, can be spent there, wherever the federal one - on housing problems, the rehabilitation of disabled children, and paid education of all children. In addition, you can send money to purchase a domestic car assembly and paid medical services for your child. The family begins to have the right to receive this payment after the birth or adoption of the third child, and to implement it - after fulfilling it for 1.5 years.

For comparison, residents of the Kabardino-Balkarian republic can count on regional maternity capital only after the fifth child is born into the family. Given the numerous indexes, the amount of this payment today is more than 350 000 rubles, and it can be spent only on solving housing problems.