Project Financing in Housing Construction: Status and Prospects (on the Example of the Novosibirsk Region)

Negative aspects in the practice of financing housing construction at the expense of citizens and legal entities led to the search for new methods of paying for housing construction in order to prevent the growth of long-term construction, the emergence of new defrauded equity holders. The article presents material on the implementation of project financing by developers of the Novosibirsk region through the use of escrow accounts. The uncertainty of the long-term prospects for the application of the existing method of financing housing construction, the lack of a firm position on the part of the government of the Russian Federation on alternative payment mechanisms are noted.