Russia’s State Duma adopts Moscow housing renovation bill
Russia’s State Duma has adopted the bill on housing renovation in Moscow on its third (final) reading on Wednesday. The draft law received 399 supportive votes and two votes against the bill, one deputy refrained from voting.
The renovation bill has been substantially revised since its adoption on first reading, as the majority of over 130 amendments submitted from deputies and the government ahead of its second (main) reading were adopted, TASS reported.
In the beginning of 2017, Vladimir Putin ordered Moscow Mayor Sergei Sobyanin to tear down five-story apartment blocks.
The residents of demolished low-rise housing units will be offered to move into newly-built apartment blocks. According to preliminary estimates, the capital is set to renovate over 25 million square meters of real estate, or ten percent of its housing projects, within the next 10-15 years.