The Housing Reform Assistance Fund engages with the challenges of providing state support to resettle citizens from emergency housing, modernize communal infrastructure, implement energy-efficient technologies, and improve energy conservation in the housing and utilities sector, including by carrying out major repairs on apartment buildings. However, its period of operations is drawing to a close. Continuing to engage with these challenges in the long term, while taking into account the need to attract private funding to meet the goals of modernizing the housing and utilities sector as a whole, is at the heart of the present-day agenda for the sector and everyone involved in it. What has the Housing Reform Assistance Fund achieved in terms of developing the sector? What successes have been seen so far? Does the sector require continued state support? Who will implement this, and how? Is it important to create a separate development institute for the housing and utilities sector? What tools should be used to ensure the continued development of the sector? How can the investment climate in the sector be improved and private capital attracted to address these fundamental problems? During this open session, the Housing Reform Assistance Fund Supervisory Council plans to discuss the basic outcomes of the Funds efforts to engage with the challenges described, together with proposals from expert working groups on improving the investment climate in the Russian housing and utilities sector between 2018 and 2025, and to devise approaches and proposals for further development in the sector.