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Central Government Plans To Increase 10 Billion Subsidy For Affordable Housing Construction

2010/9/30 15:23:00 42

Central Government Subsidized Housing Subsidy Fund


The construction of affordable housing is still one of the focuses of the "two regulation" of real estate, but capital has always been a major problem in promoting the construction of affordable housing.

The new money reporter learned that

Central finance

To be added in the near future

Indemnificatory housing

special

Subsidy fund

The amount is about 10 billion yuan.


People close to the Ministry of housing and urban rural development (hereinafter referred to as the Ministry of housing) confirmed that the move was to stimulate the enthusiasm of local governments in building affordable housing.

The investment of special subsidies is mainly for housing subsidies in the central and western regions.

It is understood that the specific allocation plan of the subsidy is still under discussion.


According to the Ministry of housing in September 20th, as of now, the national affordable housing project has completed investment of 470 billion yuan, accounting for 60% of the annual plan.

The central government's 69 billion 200 million yuan special subsidy fund has already been issued.

This means that if the 10 billion yuan subsidy is added to this plan, the special subsidy fund for affordable housing will be close to 80 billion yuan this year.


In May 2010, in order to supervise the construction of affordable housing before the end of July, the Ministry of housing and the Ministry of housing signed the responsibility letter of 2010 housing security work with the provinces.


As a matter of fact, so far, the completion of the indemnificatory housing construction is not balanced.

A number of media reports in the past several media reports that the responsible person of the Department of housing and construction department, who was not named, said that the urgent task is to speed up the implementation of the funds raised to specific projects. At the same time, we should further clarify the tax relief policy for affordable housing projects, explore and co-ordinate the use of all kinds of subsidized housing supplement funds; moreover, the financing platform established by the various affordable housing projects is not cleaning up the scope of the local financing platform.

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