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In the first half of the year, 1.128 million units of affordable housing were built and raised

2024-08-12

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Data from the Ministry of Housing and Urban-Rural Development show that the country plans to build and raise funds for 1.704 million affordable housing units in 2024. As of the end of June, the country had built and raised funds for 1.128 million affordable housing units, accounting for 66.2% of the annual plan, with an investment of 118.3 billion yuan.
With the release of the Guiding Opinions on Planning and Construction of Affordable Housing in August 2023, my country's affordable housing construction has entered a new stage. At present, affordable housing construction is divided into two types of affordable housing: rental housing and sales housing. The rental type includes public rental housing and affordable rental housing, while the sales type focuses on wage-earning groups with housing difficulties and low incomes, as well as scientific and technological personnel, teachers, medical staff, etc. that cities need to introduce, and is sold on the principle of capital preservation and small profits.
Planning and building affordable housing is a major reform to adapt to the new requirements of China's modernization construction under the new situation, improve the housing system and supply system, and reconstruct the relationship between the market and security. The focus of this reform is to expand new ways of allocating affordable housing, and ultimately achieve the government guaranteeing basic needs, the market meeting multi-level housing needs, and establish a housing system that combines renting and purchasing.
Since the beginning of this year, all localities have effectively promoted the implementation of affordable housing construction. They have seized the opportunity of policy introduction, explored good experience and practices in clarifying the standards for the target of security, building according to demand, building a waiting pool, land guarantee, fund supervision, allocation price, construction allocation management mechanism, etc., and actively formed an affordable housing policy system; they have seized the opportunity of project construction, done a solid job in the early stage of the project, realized the supply of clean land, improved the planning and design plan, ensured the quality of the project and the safety of construction, and strived to let the people live in new houses as soon as possible and have a real sense of gain.
Promote the construction of "good houses" in the construction of affordable housing. According to the standards of green, low-carbon, intelligent and safe, do a good job in apartment design, supporting facilities construction, and public service supply, and build affordable housing into "good houses" so that the people can live in healthily and use them safely and conveniently.
Attach great importance to the preparation of housing development plans. Take affordable housing as an important part of housing development plans, adhere to the principle of building according to demand, find out the bottom line and demand, scientifically determine the annual plan and development plan for affordable housing development, and do a good job in project planning and reserve.
Digesting the stock of housing and using it as affordable housing is an important task in the real estate sector at present and in the future. The Political Bureau of the CPC Central Committee held a meeting on July 30 and stressed that it is necessary to adhere to the combination of digesting the stock and optimizing the increase, and actively support the acquisition of the stock of commercial housing for use as affordable housing. Previously, the relevant person in charge of the Ministry of Housing and Urban-Rural Development also stated that it is necessary to promote the digestion of the stock of commercial housing. City governments adhere to the principle of "ordering according to demand" and can organize local state-owned enterprises to purchase a part of the stock of commercial housing at a reasonable price for use as affordable housing.
Monitoring shows that more than 10 cities have issued notices to collect commercial housing for use as affordable housing. Local state-owned enterprises will be the main force in the acquisition of commercial housing for use as affordable housing.
Purchasing existing commercial housing for use as affordable housing can achieve multiple goals. First, it helps to digest existing housing. At present, the supply and demand relationship in my country's real estate market has undergone major changes. From the past shortage of supply, it has gradually transitioned to a balance of supply and demand, and there is a situation of oversupply in some areas. Purchasing existing commercial housing can help promote the destocking of existing commercial housing and help the healthy development of the real estate market. Second, it can help expand the supply of affordable housing. Over the years, my country has continued to promote the construction of affordable housing, but the supply of affordable housing is still insufficient. The acquisition of existing commercial housing for use as affordable housing will better solve the housing problems of low-income people with housing difficulties, new citizens, young people, and wage-earning groups with housing difficulties and low incomes. Third, it can help real estate companies to get relief. In the context of some real estate companies facing tight capital chains, actively digesting existing housing for use as affordable housing will help real estate companies to recover funds and promote the healthy operation of real estate companies and the real estate market.
Regarding the construction of affordable housing, a relevant official from the Ministry of Housing and Urban-Rural Development said that affordable housing should be preferentially arranged in areas with convenient transportation and relatively complete public facilities, and land should be allocated.
The person in charge also said that the municipal government should formulate a method for allocating affordable housing, and the allocation price should be calculated and determined based on the principle of basically covering the allocated land cost and construction cost plus a moderate and reasonable profit. Affordable housing should be managed in a closed manner, and it is prohibited to illegally change affordable housing into commercial housing and put it into the market. If it is really necessary to transfer, the municipal government shall repurchase it according to regulations.
In addition, the relevant local people's governments should establish and improve the archives of affordable housing and beneficiaries, implement a nationwide network, and strengthen supervision of the entire process of planning and building affordable housing. (Kang Shu)
Source: Economic Daily
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