The main definitions of the concepts of “market” and “social” affordability of housing are proposed in the article. Particular attention is paid to the consideration of modern methods of assessing the affordability of residential real estate, described in domestic and foreign literature, and in the official documents. Comparative characteristics of the existing methods, calculations and analysis of the housing affordability coefficient in the regional context on the example of the Krasnoyarsk territory are provided. The results of functioning of the market and social segments of the residential real estate market of the Krasnoyarsk territory are presented. The strategic directions of the regional residential real estate market development, the result of which is to be the improvement of the quality of housing and its affordability for all categories of citizens, are developed in the paper.

Design documentation assessment of compliance to technical regulations and building codes requirements in the Russian Federation is carried out through the institution of construction expertise. Elaboration and expert examinations of design documents and the results of engineering surveys are some of the most important stages in the implementation of investment and construction projects, as they allow reducing technical, legal and financial risks of the construction manager. This activity is important for all participants in investment and construction activities, which makes it necessary to study the construction expertise institution in order to determine its main development directions. The article presents the internal and external environment analysis results of construction expertise institution in the Russian Federation. Strategic tools made it possible to identify strengths and weaknesses, threats and opportunities, to determine the main strategic development directions for the institution of construction expertise in the Russian Federation, in accordance with the Draft Strategy for construction industry development in the Russian Federation until 2030. The strategic directions for the development of the construction expertise institution provided by the roadmap included improvement of regulations in organization and production of construction expertise, digital environment development of the construction expertise institution, transition to construction engineering, improvement of educational activities and training for institutions carrying out expert activities, knowledge building. To assess the implementation of strategic directions we identified expected target indicators for three main development scenarios of the construction expertise institution in the Russian Federation.

Introduction of developers obligation to raise funds of citizens for construction of residential facilities only with the use of escrow accounts has caused a lot of controversies in the expert community both about the cost of housing for the end user and the viability of the developers, as well as about the future state of the construction industry as a whole. Currently, it is possible to provide both the project financing for the developers in implementing investment and construction projects of the residential real estate and lending with the use of escrow accounts, with the difference that in the second option there is a possibility of selling the construction products from the moment of entry into the investment stage of lending, at any stage of readiness of the object. The article draws conclusions about dependence of the developers viability in the new terms of financing on the escrow accounts filling (paces of sales),on the degree of the facility readiness, on the size of the discount at different stages of the facility readiness.

Analysis of the current situation in the primary market of residential real estate within the framework of the transition to new conditions for financing residential construction showed the need for the development of the primary residential real estate market. Based on the systematization of well-known information and the author's recommendations, the article proposes and substantiates a project financing mechanism using escrow accounts within the framework of the primary market development system in the new conditions of housing finance, all the components of the proposed mechanism are described in detail. The tools (administrative, economic), methods (variability in terms of the use of equity capital by the developer and replenishing escrow accounts in accordance with the stage of the project life cycle), forms of regulation (legislative, administrative-institutional, socio-economic), principles for the implementation of project financing (customization, completeness, algorithmization) for a comfortable transition to new financing conditions for all the subjects of the residential real estate market are specified. The proposed system for the development of the primary market will make the transition to new financing conditions more comfortable for all market entities: citizens, developers, banks and the state, which ultimately will lead to the achievement of the main goal: increasing the efficiency of the housing construction sector in the Russian Federation.

Повышение стоимости жилой недвижимости для конечного потребителя в связи с переходом к проектному финансированию инвестиционно-строительных проектов взамен долевого строительства один из актуальных вопросов на сегодняшний день. Эксперты не сомневаются в том, что повышение стоимости жилья будет, вопрос-сколько процентов оно составит? При понижении среднедушевых доходов повышение стоимости жилья для конечного потребителя скажется на росте коэффициента доступности жилья, который в Красноярском крае имел тенденцию к увеличению и без использования проектного финансирования. В связи с участием банка вырастает вероятность дополнительных затрат у застройщика, покрыть которые есть несколько вариантов: повысить стоимость квадратного метра; компенсировать эти затраты за счет собственной прибыли; уйти со строительного рынка. Повышение стоимости квадратного метра отрицательно скажется на покупательном спросе. Массовый уход с рынка небольших застройщиков приведет к дисбалансу региональной экономики и возможной условной монополизации строительной отрасли региона. В статье рассмотрено влияние проектного финансирования на себестоимость квадратного метра жилой недвижимости, сделаны выводы о возможных проблемах, с которыми столкнется региональный рынок жилой недвижимости в ближайшей перспективе. Ключевые слова: источники финансирования, объекты жилой недвижимости, проектное финансирование, себестоимость, доступность жилья