“House.Of the Russian Federation” assigned to the Federal government by the operator by purchasing unsold housing from developers, offers to participate financially in the program of the government of Moscow, Moscow region and St. Petersburg. It is expected that this will increase the amount of funds which will go to support the developers. Now the redemption of unsold apartments, “Home.Russia” plans to attract 150 billion rubles, a third of whom were under the guarantee of the Ministry of Finance.”House.Of the Russian Federation” as a single development institution in the sphere of housing construction, invited the authorities of Moscow, Moscow region and St. Petersburg to consider the possibility to financially participate in the program for the repurchase of unsold housing from developers. On Thursday during an online meeting with the developers said the General Director of “House.Of the Russian Federation,” Vitaly Mutko. From his words, it follows that the reaction of the regional authorities is not yet known, but it is expected that the proposal will be considered — this will allow to increase volumes of support of builders.The launch of a programme of purchasing unsold housing from developers on April 16 announced Vladimir Putin. This item was included in the first package of anti-crisis measures proposed by the state support of the construction industry. The Federal government has appointed the operator of the program “House.Of the Russian Federation”. Initially it was assumed that for these purposes will be attracted by 50 billion rubles allocated under guarantees of the Ministry of Finance. Later, the operator said that the amount is increased to 150 billion rubles, which the development Institute will draw from the financial markets.Probably, Vitaly Mutko meant the ability of the authorities of the regions with high capacity of housing market to contribute to the preif to the subsequent increase in liquidity. Additional funds could go to purchase housing developers working in these markets.However, in any case, developers working in these regions will be in a better situation. “About 80% of the redeemed under the program of housing will have 15 regions, among the largest — Moscow, Moscow region, St.-Petersburg, Krasnodar Krai, Sverdlovsk oblast,”— said the Deputy head of the analytical centre “the House.Russia” Nikita Belousov. According to him, redemption will be made at a price not above the market valuation with a discount directly related to the volume of purchased housing and the term of its subsequent implementation.Thursday “House.Of the Russian Federation” on the online meeting with the regional developers have also voiced the following program parameters:Khalil Amine
