In the thesis theoretical foundations are developed and practical recommendations are given for the development of the housing construction crediting system as a special institutional structure of multi-level credit and financial relations of its subjects and mechanisms of accumulation of funds, instruments for transforming savings into investments; objects and subjects. The classification of the main models of housing finance by the criterion of the mechanism of accumulation of savings and their transformation into investment has been improved, different for the financial market, bank lending, mutual assistance funds, state support. There are developed approaches to managing the risks of lending to housing construction in terms of the development of financial planning on the basis of a block diagram of the flow of financial flows in the process of implementing a housing project that will optimize the use of temporarily idle funds of banks and thus minimize liquidity risks.
The theoretical and methodological foundations of research into the credit component of housing construction financing have been further developed. On this basis, recommendations have been made to improve the structure of the credit component of the domestic housing finance system, which should include three levels of accumulation of funds-a microlevel (funds by private entities), mezo (funds of large banks under the control of the state and financial development institutions, funds and cash registers) and a macrolevel (state budget funds, NBU credits), which will be directed to mortgage housing loans to the population and reconstruction (restoration) of housing; based on market principles, lending to real estate developers; means of state support for the purchase of housing by the population.
The expediency of providing the state with financial support for housing construction is substantiated. Proposals have been developed to stimulate both the demand and supply of housing by combining the forms of lending to housing construction in terms of short-term lending by banks with long-term lending to financial institutions (mortgage banks, insurance companies, co-investment institutions).
Key words: housing construction, financing, crediting, housing construction financing system, banks, mortgage, credit risks, housing construction programs, housing reconstruction, "green building".
