Siberia | Real estate

$66.5m housing aid for Novosibirsk

19 Feb '09
A total of $66.5m is to be invested in apartment block repairs in 2009 in Novosibirsk region, up 2.7 times on 2008, regional officials report.

The funds are to be provided by the federal Support for Reforming Housing Utilities Fund.

The funds are to be used to repair 600 apartment blocks, up 50% on last year.
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