10 billion rubles will be allocated for wooden houses construction in Russia annually

Russian President Vladimir Putin instructed the government to allocate 10 billion rubles to construct low-rise buildings in the next two years. They will be intended for those forced to relocate from emergency housing. The order was published on the Kremlin website.

The document shows that up to 10 billion rubles should be allocated from the federal budget each year to finance the construction of low-rise buildings in 2023-2024. They will be made of wood and intended for resetting citizens from emergency housing.

The report must be submitted to the President by July 1.