Prospects of development of legislation on construction

The article analyzes current legislation on shared construction and prospects for its possible development. The main attention is paid to the transition to project financing of housing construction, its advantages, disadvantages and optimal options. The innovations of the legislation on shared construction are considered, which, in the opinion of the author, can hamper housing construction, and the problem of encouraging the participants of the investment process to use escrow accounts. The author focuses on the issues of control of developers, if they are given the opportunity to stageby-stage spending of funds from escrow accounts.