Realizing "Homes for All" — Multiple Regions Step Up Construction of Affordable Housing and Supply-Side Measures
Recently, at a series of themed press conferences on "Promoting High-Quality Development" held by the State Council Information Office, the Ministry of Housing and Urban-Rural Development proposed that for affordable housing projects included in this year's construction plan, support policies in taxation, land, and finance should be implemented effectively, project commencement and construction progress should be accelerated, and allocation through rental and sale should be launched as early as possible so that people can move in sooner. At the same time, in light of local real estate market conditions, efforts should be actively advanced to purchase completed existing commercial housing for use as affordable housing, to expedite the completion of purchases for projects with mature conditions, and to carry out timely allocation through rental and sale.
2024-09-02