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The implementation of the provisions of the bill will have a positive effect on reducing the volume of the constantly growing number of emergency housing in our country the senator said.The State Duma adopted in the first reading a draft law aimed at creating legal conditions for the renovation of dilapidated residential buildings previously submitted to the State Duma by Deputy Chairman of the Federation Council Nikolai Zhuravlev members of the relevant Federation Council Committee Oleg Melnichenko and Andrey Shevchenko as well as State Duma deputy Yevgeny Moskvichev .The draft document is aimed at creating an investment mechanism for resettlement of housing which is in a dilapidated pre-emergency state in those regions that are first of all financially ready for this.The draft document is aimed at creating an investment mechanism for resettlement of housing that is in a dilapidated pre-emergency stateFor these purposes it is proposed to give the subjects of the Russian Federation the right to approve targeted programs for the demolition and reconstruction of apartment buildings.Oleg Melnichenko stressed that in order to protect citizens the bill provides for the consolidation of guarantees of housing and property rights in the implementation of these programs as well as requirements for taking into account the opinion of citizens when they are formed.The senator especially drew attention to the fact that the implementation of the provisions of the bill will have a positive effect on reducing the volume of the constantly growing number of emergency housing stock in our country as it will allow acting ahead of the curve.We have to comprehensively finalize the text of the bill taking into account the discussion of the concept of the bill held in the State Duma. We will try to take into account as much as possible all the comments that were made to the draft document and improve all the mechanisms laid down in the draft Oleg Melnichenko noted .