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The Company “House.RF” is going to send 150 billion roubles for support of construction companies experiencing difficulties because of the situation with coronavirus.The company States that this amount will be directed to purchase apartments from developers who were left without buyers. In total, the program can be purchased up to 3 million square meters of housing under the condition that bathe the apartment houses belonging to the standard housing, put into operation until 30 June 2021. Also, the redemption must be made directly from the developers.

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According to the Director of “the House.Russia” Vitaly Mutko, from 150 billion roubles to 50 billion roubles will be secured by state guarantees provided by the Ministry of Finance of the Russian Federation in the framework of execution of the orders of the President of Russia Vladimir Putin.Mutko stressed that the state is ready to expand declared by the President the program for another 100 billion rubles. The relevant proposals sent to the Ministry of Finance and Ministry of construction of Russia.It is also reported that in the near future for implementation of the program will be created closed mutual investment Fund of real estate. The minimum amount of transactions between him and the Builder will be 100 million rubles.

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Earlier, Putin offered to provide “House.Of the Russian Federation” the state guarantees for 50 billion roubles, due to which the company can raise loans from commercial banks and directly buy from developers of a new apartment comfort class.