No abstract

The paper deals with the analysis of scientific works about resettlement from dilapidated housing in Voronezh. Authors offered the system of financial stimulation for construction projects, which are based on government-private partnership. The financial stimulation is based on different mechanisms and its purpose is to rise influence on financial interests of participants investment-construction projects. This is solution to the problem of dilapidated housing and developer’s competitiveness rise. The solution has two instruments: first is tax stimulation and the second is rise of program efficiency by using financial resources. Preliminary evaluation has shown that algorithm of design and introduction allows achieving the following results: decrease tax load, decrease investor’s need in finance, and transparency rise and quality of finance control rise. The risk exists because non-purpose usage of developer’s income at the best case in any period leads to losing the opportunity of finalizing construction object, or in the worst case – bankruptcy. Project financing with current mechanism helps to decrease expenditures and to rise competitiveness of residential developers.