社会资本参与老旧小区改造项目的创新融资路径——以北京劲松北社区改造为例

Research on Financing Strategies for Social Capital Participation in Reconstruction Aging Residential Communities:A Case Study of Jinsong North Community,Beijing

近年来依赖于“财政包干”的老旧小区改造项目愈发凸显其限度和不可持续,亟待推进城市存量空间更新的社会资本参与模式,并探索社会资本在该模式下创新性的融资路径。文章基于城市更新多主体参与的理论逻辑,对现行老旧小区改造存在的资金模式困境进行了剖析。以劲松北社区改造项目为例,探讨了目前政策保障和融资创新下的转型难点和潜力,提出了构建“保障+助推+激活”的社会资本多元融资模式转型框架。最后阐释了当前社会资本参与老旧小区改造融资模式转型的突破点,对我国城市更新社会资本多方参与体系的建立和城市高质量发展具有重要意义。

In recent years,the limitations and unsustainability of relying solely on fiscal allocations for the regeneration of aging residential communities have become increasingly apparent.There is an urgent need to promote the participation of social capital in urban regeneration and to explore innovative financing strategies for social capital.Based on the theory of"multi-party participation"in urban regeneration,the study analyzes the financial challenges existing in current regeneration projects for aging residential communities.Taking the Jinsong North Community regeneration project as an example,it discusses the difficulties and potentials under current policy safeguards and financing innovations,proposing a framework for constructing a diversified financing model of social capital characterized by"guarantee-support-activation".Finally,it elucidates the breakthrough points in the transformation of the financing model for social capital participation in the regeneration of aging residential communities,which hold significant implications for establishing a multi-party participation system of social capital in urban regeneration and promoting highqualityurbandevelopment inChina.