FINANCIAL SUSTAINABILITY EVALUATION OF REGIONAL PROGRAMS OF MAJOR APARTMENT BUILDING RENOVATION IN RUSSIA

ОЦЕНКА ФИНАНСОВОЙ УСТОЙЧИВОСТИ РЕГИОНАЛЬНЫХ ПРОГРАММ КАПИТАЛЬНОГО РЕМОНТА МНОГОКВАРТИРНЫХ ДОМОВ В РОССИИ

Ermishina Anna (Ермишина А.В.) and Mozgunova Maria (Мозгунова М.А.)
Additional contact information
Ermishina Anna (Ермишина А.В.): Southern Federal University
Mozgunova Maria (Мозгунова М.А.): Southern Federal University

State and Municipal Management Scholar Notes, 2020, vol. 4, 83-90

Abstract: The article substantiates the need for regular financial assessment of regional programs for major apartment building renovations to ensure their viability. We show that regional programs are the central element of the modern system of housing stock modernization in Russia, also There are the mandatory contributions of homeowners to apartment buildings and the choice of a method for forming a renovation fund. Assessment of the financial sustainability of the current regional program for apartment building renovations in the Rostov region (using liquidity indicators, financial security with owners 'contributions and an indicator of the number of years of accumulation of funds for renovations) revealed an insufficient short-term liquidity indicator and an insufficient provision of funds from owners' contributions, which creates threats of non-fulfillment of the regional programs in the short and long term.

Keywords: housing economy; housing modernization; apartment buildings; major renovation; regional program; regional operator; major renovation financing; financial risks; liquidity; financial stability (search for similar items in EconPapers)
Date: 2020
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
https://repec.ranepa.ru/rnp/smmscn/s20412.pdf

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rnp:smmscn:s20412

Access Statistics for this article

State and Municipal Management Scholar Notes is currently edited by Tatiana Ignatova

More articles in State and Municipal Management Scholar Notes from Russian Presidential Academy of National Economy and Public Administration Contact information at EDIRC.
Bibliographic data for series maintained by RANEPA maintainer ().