In accordance with the Decree of the Government of the Russian Federation dated July 15, 2020 No. 1042 "On Amendments to the Specifics of the Implementation of Certain Measures of the State Program of the Russian Federation" Provision of Affordable and Comfortable Housing and Utilities for Citizens of the Russian Federation ", young families participating in the program for providing affordable housing will be able to receive payments for the purchase of comfort-class apartments.
On July 13, Federal Law No. 202-ФЗ "On Amendments to the Federal Law" On Participation in Shared Construction of Apartment Buildings and Other Real Estate Objects and on Amendments to Certain Legislative Acts of the Russian Federation" and certain legislative acts of Russian Federation was adopted, published and entered into force.
The Fund for the Protection of the Rights of Citizens - Participants in Shared Construction is endowed with the functions of a developer and a technical customer in the implementation of activities to complete the construction in progress and infrastructure facilities, for the construction of which funds were attracted from participants in shared construction.
The procedure for placing information about construction-in-progress objects in the unified information system for housing construction has been adjusted.
Developers have received the right to dispose of the funds in escrow accounts after the commissioning of an apartment building, regardless of the entry into the Unified State Register of Real Estate of information confirming the state registration of ownership in relation to one object of shared construction that is part of an apartment building and (or) other real estate object.
The procedure for the formation of a single register of problem objects (including taking into account the requirement for their mandatory categorization) has also been determined.