Abstract. Development of the social sphere is often connected with the creation of new municipal facilities: schools, hospitals, higher education institutions, institutions of culture and sports, infrastructure. The approach to the assessment of the results of innovative-and-investment projects in the social sphere, offered in the article, is connected with the solution of some methodical matters of the formation of the system of indicators, which are adequately reflecting improvement of functioning of the municipal social facilities. The technique of the assessment of the efficiency of social innovative-and-investment projects, which are resulted in mechanism allowing to select social oriented projects, including those of the municipal sphere for the realization is presented.