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Xinyuan Real Estate Co., Ltd. Message Board

  • ajjones22156 ajjones22156 Sep 26, 2013 12:13 PM Flag

    Housing in china

    Affordable housing

    The meeting also pointed out problems in building affordable housing projects, such as shortage of funds and lack of supporting facilities.

    It stressed the importance of accomplishing this year's government subsidized housing target, calling it "a task that has to be completed".

    Subsidies from the central government will be increased, while multiple funding channels to support the construction of affordable housing projects are being studied.

    Regulations will be introduced to standardize and encourage the building, management and operation of affordable houses while transparent policies will be set up for public rental housing, according to the release.

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