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Fund deceived equity holders will receive 30 billion rubles

Fund deceived equity holders will receive 30 billion rubles
Photo: pixabay.com

The fund for the protection of the rights of citizens participating in shared construction will receive an additional 30 billion rubles from the federal budget. All this money will go to the construction of houses.

The decision to recapitalize the fund of deceived equity holders was announced at a briefing by Deputy Prime Minister Marat Khusnullin. Transcript posted on Russian government website... According to him, this will help ten thousand people in the coming year to get housing, which many have been waiting for years.  

Marat Khusnullin also announced a decision to allocate an additional 50 billion rubles to the DOM.RF government agency. The money will be used to buy apartments for state needs from distressed developers in the regions.

In addition, it was decided to compensate the interest rate to developers so that "all the money that is collected at the construction site goes to continue housing construction." Compensation will be received only by those who employ at least 90% of builders.

In April, Prime Minister Mikhail Mishustin signed a decree on a program of preferential mortgages at 6,5% per annum. It will ensure the issuance of up to 250 thousand new housing loans.

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