Financial flow models in municipal housing stock management in Poland

The privatization of public housing in Poland has contributed to the rise of a hybrid municipal housing management system where financial operations are carried out in both public and private finance sectors. The paper identifies and analyzes the existing model of financial flows in municipal housing stock management in Poland and proposes a modification to improve the quality and efficiency of these services. The existing model was developed using a multi-stage top-down research methodology combining various descriptive, explanatory and analytical methods. The model presents the standardized structure and mechanisms of financial flows in municipal housing stock management in a synthetic, consistent and universal approach. It provides a platform for detailed research aiming to improve the analyzed management processes, and it can be deployed to perform analytical, diagnostic and normative functions as a tool for promoting good management practices. The existing model was modified based on the results of an empirical analysis. The modified model proposes a general framework for the financial transformation of municipal housing management systems in Poland in line with the New Public Management concept. The identified models could be of interest to other countries where social housing management leans towards the narrower property-based approach.