Full-text resources of CEJSH and other databases are now available in the new Library of Science.
Visit https://bibliotekanauki.pl


2004 | 13 | 136-182

Article title

Development of Social Building Societies in Poland

Selected contents from this journal

Title variants

Languages of publication



The article describes a genesis of Social Building Societies in Poland starting from the National Housing Fund through Workers Housing Estates Society in 1934-1939, New Housing Order of 1993 announcing a development of the cheap building, up to Barbara Blida's and Irena Herbst's legislative initiative of 1995 leading to establish the Social Building Societies. According to International Permanent Social Building Committee social housing means supply of houses with fixed minimum standard of comfort and equipment, for rent or sale for persons who can not afford a house at market price without assistance of state or social organizations. In Poland, the Social Building Societies cannot supply houses for sale but only for rent. State assistance in supplying houses for rent consists in establishing purposeful fund and providing it with financial means to allow credits on preferential conditions. National Housing Fund allows the Social Building Societies large, cheap and long term credits, bearing interest at a half rediscount rate in NBP but not lower then 4,5%. The Social Building Societies solve housing shortage problem by transformation of existing housing needs in demand, anticipating average households future incomes to pay off credit during almost 30 years. Social Building Societies are like a hybrid, because they have to fulfil social mission as well as maximize financial profit from their activity. Construction of Social Building Societies lead to creation of a closed market on which Social Building Societies play on demand side on the building market as well as on supply side on the housing market.The authoress describes Social Building Societies' activity from tne legal side as well as on the financial side including status, organization forms, territorial location, financial source for their activity, rent policy, housing assets management, SWOT analysis and criteria of the Social Building Societies investment projects evaluation.






Physical description

Document type



  • A. Bialek-Jaworska, Uniwersytet Warszawski, Wydzial Nauk Ekonomicznych, Katedra Bankowosci i Finansów, ul. Dluga 44/50, 00-241 Warszawa, Poland


Document Type

Publication order reference


CEJSH db identifier

YADDA identifier

JavaScript is turned off in your web browser. Turn it on to take full advantage of this site, then refresh the page.