Features of foreign and domestic development of project financing and other investment instruments in housing construction and problems of their priority application instead of equity construction

The article deals with the main problematic issues of replacement of equity housing construction with bank project financing. The article analyzes foreign experience of replacement of shared construction with alternative investment schemes and possibility of their application in primary housing market of Russia. The article analyzes positive results and risks of implementation of these schemes. The article analyzes the existing plan of measures to gradually replace the funds of citizens involved in the creation of apartment buildings, bank lending and other forms of financing that minimize the risk to citizens. The article states the main problematic aspects of replacement of equity construction with bank project financing. On the basis of the analysis recommendations were proposed that will reduce the risk of negative consequences on the primary housing market of Russia in the process of replacement of equity construction with bank project financing.