YEREVAN — Approximately 25,000 Armenians displaced from Artsakh (Nagorno-Karabakh) have purchased residential property in Armenia or are in the process of building homes through a government housing assistance program.

The figures were announced on November 9 by Gayane Gharagyozyan, an adviser coordinating certain functions of the Ministry of Labor and Social Affairs, during a press conference.

According to Gharagyozyan, housing assistance certificates have been approved for 9,042 families, representing approximately 37,000 individuals. Of those, 5,372 families have already used their certificates.

She noted that 396 families have chosen to construct individual homes under the program, with 107 having already redeemed their certificates for that purpose.

Gharagyozyan explained that the availability of existing homes on the secondary housing market has become increasingly limited, prompting more beneficiaries to turn to new construction.

“We have reached a situation where available homes on the secondary market appear to have been largely exhausted, and most of our beneficiaries are now relying on the construction component,” she said.

The ministry is working to improve procedures related to home construction to help beneficiaries avoid difficulties when dealing with banks and property developers.

The government continues to refine the housing assistance program to facilitate permanent housing solutions for families displaced from Artsakh.