the Company HOUSE.The Russian Federation has decided to send 150 billion roubles on support of construction companies, which suffered due to the spread of coronavirus infection. This amount will be spent on purchase of apartments that failed to sell because of the quarantine. In the framework of the HOUSE.Russia will be able to purchase up to 3 million square meters of housing.
support Measures will be of Federal level and will affect construction companies throughout Russia. Program support will be available to developers subject to three conditions. The apartment should be in the homes relating to the standard housing. The house needs to be entered until July 30, 2021. Bathe the apartments will be directly in construction companies.
“First of all, the purchase of apartments from developers in the current environment will provide additional support for those market players who are unable to provide the planned pace of implementation due to the current economic situation, when demand may decrease due to pandemic coronavirus,” – said General Director of the HOUSE.Vitaly Mutko. He added that these measures also contribute to the execution of tasks of the national project “Housing and the urban environment”. Therefore, the HOUSE.Russia is ready to expand the program by 100 billion rubles.
Vitaly Mutko said that of the 150 billion roubles, to buy flats, 50 billion will be secured by state guarantees provided by the Ministry of Finance in the execution of the orders of the President of the Russian Federation. In the middle of April Vladimir Putin has offered to provide a HOME.Of the Russian Federation the state guarantees, through which the Corporation can raise loans from commercial banks and will be able to directly buy the apartments and the affected developers.
To implement the program in the near future will be created closed mutual investment Fund of real estate. The minimum amount of transactions between the Fund and the developer will be 100 million rubles.
by Combining given government guarantees with private resources, HOME.Russia briefly increases the volume of the support, said head of the working group to support the construction industry Commission of the state Duma on support of SMEs Alexander Jakubowski. “This proactive role of the Institute of development especially in demand during the crisis period for the industry”, – said the Deputy.
the developers Themselves support program expansion of the industry called timely measures on the background of the dramatic fall in demand for apartments. “The market will be the backbone of major wholesale customer, the resources that will allow developers to maintain financial stability, to fill the escrow account, and will allow you to service Bank loans and get the money to build. As a consequence, will decrease the risk of failure of terms of input of projects that will meet the criteria and terms of redemption,” – says the CEO of the company WE KNOW ��lexander Galitsin.
the Head of the group of companies “Housewarming” Evgeny Medvedev added: “it is Important that the selection of contractors was open and competitive and the price of redemption was not less than the average sales price in this location”. According to the Executive Director of “Glavstroy-Regions” Igor Pankin, now support from the state and from the HOUSE.Russia is extremely important for the construction industry. “The program of mortgage with state support is already showing results, and the initiative HOME.Russia will help the responsible developers to fulfill obligations, to continue the construction and implementation of projects. We build residential complexes in the regions and in the suburbs by advanced technology that allows you to build a house within the approved deadlines, our projects are already at a high stage of readiness, which is about 1.5 million square meters of housing”, – he noted.
Earlier, the Director General of the HOUSE.Vitaly Mutko said that the redeemed will be housing, the occupancy rate of sales which varies from 40% to 80%. The Corporation plans to sell the purchased flats in the open market, including in the framework of preferential programs.
