Innovative Forms of Investment in Housing and Communal Services Projects

Abstract

AbstractThe main goal of the investment policy of housing and communal services is to update fixed assets, increase income from investment activities in housing and communal services, which will be able to provide the entire list of necessary services at a modern technological level. The growth of the housing and communal services market was facilitated by the construction of economy-class housing, including within the framework of state programs for providing housing to public sector employees, supporting mortgage lending and the development of communal infrastructure. Market revenue grew due to an increase in the number of serviced premises and an increase in tariffs for housing and communal services. The volume of housing services serviced by housing and communal services will practically not grow during the crisis. The bulk of Russians will buy new housing only in case of emergency or as part of receiving government support. The mechanism of concession and public–private partnership al-lows using off-budget sources of financing investments in housing and communal services. Increasing the investment attractiveness of the housing and communal services industry is possible due to: approval of the tariff formula for the entire term of the concession; possible compensation of investments from the budget upon termination of the concession agreement; setting long-term tariffs while maintaining the investor's savings; fixed guaranteed profit; formation of schedules for the transfer of housing and communal services to concession [1, 2]. The construction of transport infrastructure is one of the most important directions of the country's economic development and the basis for the creation of industrial and social infrastructure.KeywordsCommunal services projectHousing services project