The Russian government will subsidize the construction of the pilot

Nedvizhimost07-05-2007 Just two ordinances aimed at supporting the housing in the country, has issued the Russian government. This was announced at a meeting with President First Vice-Premier Dmitry Medvedev. He particularly noted that the Ordinance provides subsidies for the construction of a low-rise and multifamily housing. On the question of the president that the government is doing to strengthen the legal framework for Housing, Mr Medvedev said that the one prepared by the Cabinet decisions "refers to a pilot investment projects of complex development of territories." Dmitry Medvedev explained that we are talking about projects involving the construction of at least one million square meters of housing, according to Interfax. "This is essentially new towns" - the first vice-premier. He said that these projects provided "a number of new support measures, including subsidies and guarantees." In this case, Medvedev said that an important condition for realization of these projects - "the existence of obligations to build housing around the social infrastructure - schools, hospitals, clinics, originally built to full neighborhoods, the city". A second government document, the first vice-premier, provides subsidies for the provision of roads and areas of low-rise multi-family buildings. According to Dmitry Medvedev, subsidies will be up to 70% of the total amount of low-rise construction and up to 60% - on multifamily. "The roads - this is what is necessary for the development of neighborhoods," - said the first vice-premier. Oleg Zolotov