Friday, August 18, 2017

Changes in Fund for Housing Reform announced

Regional Minister of Energy and Utilities Nikolai Smirnov recently announced that $8.26 million from the Fund for Housing Reform will be allocated to the Sverdlovsk region in 2013.

The funds will be decided at the federal level in the near future, European-Asian News reports.

According to officials, the region received the maximum amount regions will be able to receive this year. Resources from the fund has been transferred to overhaul the resettlement of the emergency fund.

Additionally, changes in the Housing Reform Fund now require homeowners to pay 15 percent of the cost of major home repairs. Homeowners previously had to pay only five percent. The fund will take approximately 30-35 percent of the costs and the rest will come from municipal and regional budgets.

Adding to the complications of the fund is the requirement that 75 percent of homes in the communities be equipped with water meters by January 1 and 100 percent by July.

Home not equipped with such appliances will receive penalty points, according to Smirnov, European-Asian News reports.

Over the next two weeks, it will be decided which municipalities will be participating in the program. Previously, the cities of Yekaterinburg, Nizhny Tagil, Kamensk-Ural, Karpinsk, Kamyshlov, Zarechny and Novouralsk were included in the parameters of the fund.