Mutko has promised for six months to solve the problems of defrauded real estate investors

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www.vsyako.netVitaly Motofoto: Eugene biyatov / RIA Novosti

Fund for the protection of participants of shared construction can capitalize on nine billion rubles, said Deputy Prime Minister Vitaly Mutko. About it reports “Russian newspaper”.

Due to this, he said, will be for six months to provide housing defrauded real estate investors in 26 regions of Russia. According to the Vice Prime Minister, the issue on additional financing can be solved in April.

“I do not exclude that for this amount we decapitalizing Fund, will give him the right together with the regions to finish the house,” — said Mutko. In this scenario, by the fall of long-term construction will not remain in 43 of the 85 regions of Russia. At the moment the problem of objects not in 17 regions.

In September last year it was reported that the construction of houses for the deceived shareholders can freeze due to changes in legislation. According to the amendments to spend the money of shareholders only on the houses they’ve bought. Thus, developers will be unable to spend funds of shared construction participants on the completion of distressed projects, and will have to do it with their own money.

Video, photo All from Russia.

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