"The Ministry of Finance suggests to direct additionally to 10 billion rubles a year during 2016-2017 to finance the Housing Fund", - the head of the Ministry of Finance Anton Siluanov.
According to Mr. Siluanov, the proposal will be discussed during the preparation of the federal budget for the next three years. Housing Fund was established in 2007 to provide financial support to the subjects of the Russian Federation and municipalities for capital repairs of apartment buildings, the relocation of people from emergency housing.