In a recent meeting, Russian President Vladimir Putin outlined the government's ongoing support measures for citizens affected by housing crises in new regions. The government has implemented a comprehensive compensation strategy, ensuring that families receive financial aid for lost homes. Currently, several hundred families have already benefited from these measures, with the process of compensation continuing to unfold.
The restoration efforts include rebuilding completely destroyed housing, with a focus on multi-apartment buildings expected to be completed this year. Individual housing construction is also a priority, with increased compensation for those needing assistance. Additionally, preferential mortgage rates have been extended to stimulate housing development in these regions.
As part of a long-term plan, the government aims to develop 330 new sites, launching at least 3.5 million square meters of housing by 2026-2027. This initiative is designed to accommodate returning residents and attract new populations, particularly in areas like the Krasnodar Territory. The housing construction boom is seen as a critical driver for economic development.
Despite facing challenges such as labor shortages and rising material costs, the construction industry has shown resilience, achieving a 35% growth over four years. The government has implemented various support measures and simplified regulatory processes to facilitate ongoing construction projects. However, the recent abolition of preferential mortgages raises concerns about potential slowdowns in housing development.
