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Protection of housing subsidy funds of not less than the 152.6 billion yuan this year

Zoom  Zoom Issue Date:2012-06-28   Source: PUWORLD   Browse:752

2011 the State Council issued guidance on affordable housing construction and management, clear land supply, financial investment, corporate finance, credit, tax reduction and exemption policy to support the protection of housing construction in China has been a programmatic policy basis for the protection of housing construction has entered a new stage.

Basically completed more than five million sets of "target" program started more than seven million units, proposed in 2012 will be another key year for affordable housing projects and construction. "12" just past the first year of affordable housing projects and the actual start of 10.43 million units, the basic completion of 4.32 million units ahead of schedule to start construction of 10 million sets of tasks for the "12th Five-Year" period of construction 3600 000 units of affordable housing open to a good start.

In November 2008, the financial crisis putting the CPC Central Committee and State Council have adopted income housing projects as the expansion of domestic demand and promote the most important measures of economic growth and livelihood projects. In 2011, in China over the newly started construction of 10 million units of affordable housing goals. 2012 The central government will continue to increase the intensity of capital grants, central subsidy funds will not be less than the 2011 standard of 152.6 billion yuan. At present, the National Development and Reform Commission and Ministry of Housing and Urban-Rural Development has issued 42.1 billion yuan, of which 25.5 billion yuan of subsidies to the new low-cost housing and state-owned mining shantytowns, 16.6 billion yuan of subsidies supporting infrastructure by the local co-ordination for the new low-cost housing, state-owned mining, forestry, reclamation, coal shanty town transformation of five categories of projects supporting infrastructure. The same time, the budget of local governments at all levels should give priority to increase the financial capital investment for affordable housing; intensify efforts to co-ordinate provincial governments to ensure that the project capital in full and on time in place; cities and counties in fiscal should actively implement the various source of funding channels.

In addition, the central but also regulate the use of corporate bond financing, to increase credit support to implement the policy of tax reduction and exemption. To expand the use of housing provident fund loans to support the scope of the construction of affordable housing pilot. Low-rent housing, public rental housing, affordable housing and shantytowns, the allocation of housing, the existing building, trading, business and other sectors to effectively implement preferential tax policies, to waive the city infrastructure, various ancillary fees, administrative fees and government funds.

Review of 2011, local financial departments to vigorously raise funds for construction, to establish a sound scientific mechanisms, strengthening financial supervision and management, speed up the progress of budget implementation, to speed up the construction of affordable housing projects and provide a strong support

In 2011, Liaoning started a new round of protection of housing construction, the state issued 337,900 sets of tasks, the province and to fulfill the 400 000 units, of which New about 348,800 units, and since the pressure in the progress. The province for the protection of housing construction total investment of about 35 billion yuan, the provincial finance, construction, supervision, in close collaboration on a regular basis, from time to time on housing projects around the safeguards to protect funds management and use of supervision and inspection, to ensure that funds earmarked.

Shanxi Province in 2011 affordable housing task of building 375,400 units, Shanxi Province, Department of Finance to further increase financial security efforts to ensure the completion of the tasks of the province's construction of affordable housing. In the fight for the central subsidy funds of 4.012 billion yuan, based on the 2011 provincial budget allocated 765 million yuan, and the full support of the construction of affordable housing. Meanwhile, the central behalf of Shanxi Province issued bonds allocated to cities and counties $ 4.1 billion in local government bonds, as well as value-added net income and Net income from land transfer of the housing provident fund requirements are mainly used for construction of affordable housing. Countries an and provincial regions the five flower arrangement poverty-stricken counties low-rent housing in accordance with Central Standard 1:1 given to supporting other cities and counties are also given a subsidy of 50 yuan / square meter.

Shanxi also innovative fiscal policy and the operating mechanism, give full play to guide the leading role of financial funds, through the adoption of the financial discount, the government capital injection, tax concessions and other measures to attract social forces to participate in the construction and operation of affordable housing.

Since 2011, Tianjin multi raise funds to accelerate the construction of affordable housing, has started construction of various types of affordable housing for 4.61 million square meters, which the Municipal Bureau of Finance allocated 530 million yuan, started construction of 90 000 units of public rental housing, the central government allocated 970 million yuan to support Tianjin protection of housing construction. City Department of Finance to raise funds of 420 million yuan for the issuance of the needy families rent subsidies, benefiting 94,000 families.

In order to expand the coverage of housing security, Tianjin implementation of the economic rental housing rent subsidy policy would be inconsistent with the low-rent housing subsidy conditions, nor the ability to purchase housing price of goods of the "sandwich" families included in the rent subsidies range, year of new 10000 families in receipt of rent subsidies, accumulated throughout the year, 85,000 various types of low-income families in receipt of rent subsidies. To the end of the 12th Five-Year ", the family benefit, together with the" Eleventh Five-Year "period, Tianjin will total 830,000 families to provide housing security, accounting for 35 percent of the city's urban households.

 
 
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