URA: In order to establish the "Stan za sve" Fund, the state needs to provide an initial capital of 20 million euros

"URA has already prepared the Bill in the form of a draft, which, after some kind of public discussion, round tables and extensive consultations and meetings with all interested parties, we will submit to the parliamentary procedure for adoption"

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Disclaimer: The translations are mostly done through AI translator and might not be 100% accurate
Photo: GP URA
Photo: GP URA

In order to establish the "Stan za sve" Fund, it is necessary for the state to provide an initial capital of 20 million euros, which would be used exclusively for the construction of residential units, announced the Civic Movement URA.

"After the construction of the apartments, tenants and all those who have not resolved the housing issue could buy apartments at the cost of construction, that is, at prices that are twice as favorable as those that are currently on the real estate market, which means some 900 euros per square meter," it is pointed out in announcement of URE.

From that party, they added that after the sale of the apartments, the Fund would recover the investment and in this way would have the 20 million euros at its disposal at any time, which it would then invest in the construction of new housing units.

"Thus, with 20 million euros, the state would make it possible in just a few years for thousands of our citizens to have a roof over their heads. Later, the state could gradually increase the funds of the Fund, and our proposal will be to provide additional funds based on the Law on illegally acquired property, which Montenegro must adopt in order to deal with organized crime and corruption in a more adequate way," the URE statement reads.

They said that all that is needed for this program to come to life is for the Parliament of Montenegro to adopt the Law on the Establishment of the "Stan za sve" Fund.

"URA has already prepared the Bill in the form of a draft, which, after some kind of public discussion, round tables and extensive consultations and meetings with all interested parties, we will submit to the parliamentary procedure for adoption," the announcement concludes.

On February 6, URA presented the program for the establishment of the "Stan za sve" Fund at a press conference.

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