The Ranking of Financing Methods in Urban Old Texture (Case Study of Isfahan City)

Extended abstract1- IntroductionAging and building of old texture, in various forms, including the reduction or loss of viability conditions and safety problems as well as physical, social, economic and infrastructural can be received and identified. The essential need for reconstruction and rehabilitation of the urban old textures is the development of environment for humans. The necessary requirements are socio - cultural and economic (Shamaei and Pourahmad, 2006: 43).The first thing to be considered in this regard is the ways of providing financial tools for this issue (Jafarzadeh, M. and Jannati, M. 2009:525). According to the latest estimates of Reconstruction Organization of Tehran (2010), the total volume of old textures in country is 65,000 acres. The cost of developing infrastructures of urban old textures is estimated to be about 100 billion Rials per acre and the time needed to reconstruct all old textures, with allocation of current resources and regardless of erosion growth, is 78 years. This shows that because reconstruction and rehabilitation of this enormous volume of urban old textures are capital intensive, they requires a lot of time. On the other hand, providing required capital is not in the ability of the government, the Municipality or the banking system and it needs more and more private sector's partnership through applying financing tools in financial markets. In this research, the issue is being addressed by studying the most important and useful financing tools for reconstructing and rehabilitating urban old textures and also studying the important criteria for choosing a suitable financing tool applying AHP.This research is applied and its method is a descriptive one of survey field. Using survey field and library studies, most of the tools which could be used to reconstruct and rehabilitate old urban texture in a way that they have operational experience in large cities and the criteria considered choosing a good financing tool are studied. The spatial domain of current research is financial experts of "reconstruction and rehabilitation organization of Isfahan city" and "Isfahan Municipality". Time zone of this research is from December 2009 to December 2010. 2-Theoretical basesThe required capital for the reconstruction and rehabilitation of the whole old urban textures, according to rehabilitation organization of Tehran's estimates, is 5 times bigger than government budget in 2010 and 59 times bigger than all Municipalities of Iran in 2008. This subject demonstrates that providing required capital is not merely in capabili