Photo:
How to do it, was discussed at the parliamentary hearings with the participation of not only government representatives, but also more than two hundred concerned citizens.
Recall that the President instructed to establish a compensation Fund for investors, the Cabinet has prepared amendments on this subject. Under the bill, the Fund would be replenished by contributions of developers from each of the contract equity participation. In the event of bankruptcy or “mysterious disappearance” of the developer Fund or return the citizens their investment, or arranges for the completion of the house in order to give them the apartment.
However, the first reading, which took place at the end of last month, revealed serious shortcomings of the amendments. Deputies noticed them in the opacity of the utilization of funds, weak monitoring activities by the authorities. Also has not been spelled out requirements for the amount of deductions to the Fund.
The bill should be finished, because the problem of concern already defrauded investors, and those citizens who are only going to invest in housing. This was stated by the Chairman of the state Duma Vyacheslav Volodin, opening the hearing. Based on the discussion, the deputies are going to radically improve was “raw” law.
The head of the Ministry of construction Mikhail Men agreed on the need for revision. In the state Duma, in conjunction with its Department has already prepared a package of proposals. Most importantly, the Fund will not be without control. It will be created in the form of a public law company, said Men. This means a transparent decision making, accountability of the company’s activities the chamber. Is introduced and the control of the Parliament. Another key amendment is the recruitment of developers for construction will be through a competitive process.
The head of the profile Committee on natural resources, property and land relations Nikolay Nikolaev also said that “from the bill has disappeared provisions that entitled management of the Fund to make decisions on the gratuitous donations for the construction of the object”.
However, in the profile Committee noted a number of risks. Importantly, all required payments will, in the words of Nikolaev, “zashitsya” developers in the cost per square meter. And yet “the question is: for how long this Fund will last and where to wait for reinforcements”.
Mikhail Men explained to the audience that the company plans to establish a transition period during which the Fund will be replenished with funds must list the developers to 1.2% of the price of each contract equity participation. And before July 1, 2018, together with experts and developers, the Minister has proposed to establish a mechanism which will come into force after that date.
You need to bring tariffs to economically reasonable level, said the Chairman of the Central Bank Vladimir Chistyuhin. Square meters will rise in price, did not deny it. However, more important to investors in case of bankruptcy, did get money and an apartment. In General, this subject remains to think carefully about.
At the parliamentary hearings have also figured out why the current insurance mechanism failed. The money holders and developers (50 billion) were in the “ordered long to live” banks. This question is at the event put Vyacheslav Volodin. In the future, he did not rule out the possibility of a return from self-regulation to licensing in the construction, because, in his words, autonomy in this area has led to the loss of funds. The speaker also reported that the state Duma will be established a permanent working group to address the problems of defrauded investors.