Rustam Minnikhanov held a regular meeting of the working group of the State Council of the Russian Federation on construction

The meeting of the working group of the State Council of the Russian Federation in the direction "Construction, housing and communal services, urban environment" was held today by the head of the working group, President of the Republic of Tatarstan Rustam Minnikhanov. Rustam Minnikhanov noted that within the framework of the working group, work is underway on the decisions previously made by the President of Russia to support the construction industry. These are a preferential program of mortgage lending for new housing at 6.5%, preferential rural mortgage, additional capitalization of the Fund for the Protection of Shareholders, state guarantees from DOM.RF for the purchase of new comfort-class apartments, a program to subsidize interest rates of bank loans for developers. According to the President of the Republic of Tatarstan, these measures allow maintaining employment at the enterprises of the industry and completing the construction of houses scheduled for commissioning in 2020-2021. Rustam Minnikhanov thanked the members of the Government of the Russian Federation and representatives of the Ministry of Construction of Russia for the coordinated joint actions that allowed stabilizing the demand for housing and ensuring the growth of mortgage lending. So, despite the pandemic, the total number of loans issued in the country increased by 1.1%. During the meeting, participants discussed the development of the housing market, the implementation of measures to stabilize the situation with mortgage lending and a number of other topical issues.