Organizational and functional structure of building financial funds activity has been analyzed. Financial and legal relations among participants in building financial funds (constituents, administrators, builders) have been considered. Improvement has been made in operation mechanism of building financial funds through adjustment of system of agreements, rights and duties which fund participants have according to these agreements. 

dwelling construction, building financial fund, constituents, administrators, builders 

Risks connected with residential building have been analyzed. The risks of each of the participants of the Construction Financing Fund have been considered: the investor, the builder and the financial mediator. A special attention is paid to imperfection of the present normative-legal basis, which regulates activity of all participants of the residential building. Different kinds of risk insurance in building sector have been studied. Possible organizational methods and steps of notification and minimization of the risks in residential building have been proposed. The article recommends to produce financing of residential building with the help of The Construction Financing Fund with the aim of rising safety of the investment financial costs and effective risk management. 

risk, residential building, investor, mediator, builder 

The issue of dwelling construction funding in the country on the modern stage has been researched. The model of raising funds of the population into dwelling construction via building funds which are created by financial intermediaries – the banks has been offered. 

financing sources, building financing, Fund of Financing of Building, banks-managers