One of the tasks of a state is to create decent living conditions for the population, which includes providing people with high-quality and comfortable housing. However, over time, housing is subject to wear and tear, becomes outdated and unsuitable for use. Major repair measures are being implemented with the goal to slow down and prevent rapid deterioration of housing. Such measures are aimed at restoration, reconstruction and replacement of structural elements of residential buildings that have fallen into disrepair. Major repair of housing is a set of organizational, technological and economic measures aimed at reducing and eliminating the physical wear and tear of an apartment building. Major repairs were studied using the example of the Russian Federation, where there are two forms of deduction of contributions for major repairs of apartment buildings by the owners of premises therein: either to a special account opened by the owners of apartment owners of the building at a special bank, or deductions to the so-called “common pool”, i.e., to a general account of the regional major repair system operator. The system of major repairs of apartment buildings in the Russian Federation is based and implemented on a regional principle. Regional funds and regional major repair programs are formed within the regions. Provision of decent living conditions for the population and preservation of the housing fund of municipalities, being the most important task of modern socio-economic development of society, depends on the efficiency of the major repair system.