According to the document, the foregone revenues will compensate for credit institutions within the budgetary funds allocated for these purposes, joint-stock company “HOUSE.Of the Russian Federation”. In turn, the Ministry of construction requested to send to joint-stock company “HOUSE.Of the Russian Federation” Federal funds, to provide contribution to the property, increasing the authorized capital of the company, and within 10 working days to approve “regulations on the interdepartmental Committee on decisions about the reimbursement of the credit organizations lost revenue on loans to implement housing projects”.
the Rules themselves stated that the lost revenue will be reimbursed under the loan agreements concluded with companies of the construction industry until may 1, 2020, including for the purpose of refinancing previously issued loans. Credit institutions will be assigned to the monthly payment until December 31, 2021, which will be terminated after commissioning of all properties under which the loan or with the termination of the loan agreement.
However, compensate for the lost revenue, provided that the credit relationship are decorated in rubles, the interest rate on the loan does not exceed the key rate of the Central Bank of the Russian Federation, the borrower is in the process of reorganization, liquidation, bankruptcy, has no overdue debts on taxes, duties and other mandatory payments on may 1, he has no problem building, and it keeps the number of employees, which was on may 1, 2020.
