Far East | Real estate

Vladivostok asks RF for $30m housing aid

2 Jul '09
Authorities in the city of Vladivostok has announced plans to raise $30m from the federal Support for Reforming Housing Utilities Fund to be spent on housing repairs and citizenry relocation.

Under plans, $25m is to be used to repair 260 apartment blocks in the city.

The remaining $5m is to be spent on citizenry relocation from housing, deemed beyond repair, into newly built apartment blocks.
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