Is it possible to spend maternity capital on apartment renovation in 2021

2024 Author: James Gerald | [email protected]. Last modified: 2023-12-17 14:00

It is profitable for a family with small children to spend the money allocated to improve conditions for its intended purpose. But a question arises related to the requirements of the state. Is it possible to spend maternity capital on apartment renovation in 2021 if funds are allocated only once? Find out further.

Directions in which you can spend maternity capital

Registration of maternity capital does not need to be specially devoted to time. Everything happens automatically. The certificate that young parents used to receive in their hands is downloaded electronically.

By registering on the State Services portal, they track all the changes. All actions with maternity capital are carried out through the Pension Fund. Applications for payment, documents confirming expenses are submitted there.

Amounts allocated once are indexed every year if not spent. Having determined the direction that is convenient for spending, the family can accumulate the required amount. To date, the payment is 466 thousand. At the birth of a second child, 150 thousand are added.

The directions in which the family can spend money are strictly controlled. It can be:

• an increase in the mother's pension;
• improving conditions for a disabled child;
• payment for the education of children;
• improving living conditions for the family;
• spending money on family support in the event of the birth of a second child.

Provides payment for educational services for children, including training in a driving school. It is possible to build a residential building, as well as a garden one at the expense of maternity capital.

Many families would like to improve living conditions in apartments: make cosmetic repairs, insulate floors, change plumbing, expand the total area, renew windows and doors. Not everyone is ready to radically abandon their usual habitation, replacing it with something else.

If young parents want to renovate their place of residence at the expense of maternity capital, a number of problems arise. The law does not provide for spending money on cosmetic repairs in the apartment. Reconstruction of housing with an increase in area, demolition of load-bearing structures may become the basis for filing an application.

If the house in which the family lives is built on a registered site, then there are fewer questions. Prepare settlement documents, submit an application to the pension fund. But all the work will have to be done by hand. The involvement of specialists will not be paid by the state.

There are many nuances when applying for the payment of maternity capital for home renovation. The requirements for parents are not always realistic in execution. As a result of citizens' appeals to the Committee on Housing Policy, the State Duma is developing innovations to resolve this issue.

Changes directed to the State Duma

By the end of 2020, a draft amendment to the federal law on the use of maternity capital should be adopted. In the case of a positive decision, from 2021, families with children will be able to spend maternity capital on apartment renovations and replacement of windows.

Redecorating the apartment, replacing old windows with new ones, installing new plumbing fixtures meet the goals of improving living conditions. But until now, this issue has been considered only theoretically.

It is allowed to spend maternity capital on improving conditions for a disabled child, installing a ramp, a lift, a rail system for a wheelchair. But this is strictly point-by-point and with limitations.

Home renovation with maternity capital funds can be done in a private house. Conditions:

• living space should increase;
• reconstruction is carried out independently;
• there must be property rights to land and real estate;
• the need for repair is documented.

If the State Duma approves the new law, many families will be able to really improve their conditions.

• Low-income families will spend state support funds to purchase expensive building materials.
• Repairs will be carried out by professionals.
• The money to pay for the services of electricians, installers, plumbers, redevelopment engineers will not go out of the parents' pockets.
• Old windows will disappear into oblivion.

The adoption of innovations in the law guarantees families with three children the use of maternity capital funds for housing repairs. The size will be 450 thousand rubles.

In addition, the society also benefits from the relaxation of the law on payments of maternity capital. The construction services market will be able to develop through the transfer of money from families. The number of construction jobs will grow.

The emerging issue of control over the targeted spending of funds is to be worked out by the relevant authorities.

The state originally intended to spend maternity capital funds on housing for the child. The task was for everyone to have their own corner. If a family spends money on combining two apartments, then it is clear that the meters will be taken into account. All family members will be entitled to the property.

If an apartment is purposefully bought for a child, then it is also understandable. The ownership will be documented. If maternity capital is spent on apartment renovation, conditions will improve for the whole family.

All issues will be prudently considered by the commission of the committee on housing policy in the Federation Council.

Outcomes

The bill on the use of maternity capital for apartment renovation from 2021 will be considered by the State Duma in the near future. Until then, funds are spent on repairs in the event that reconstruction takes place. The living area should be increased in line with regional regulations. The collected documents are submitted to the Pension Fund, where the application is considered.