Summary
[China Banking and Insurance Regulatory Commission and Ministry of Housing and Urban-Rural Development: Promote the implementation of supporting measures related to affordable rental housing as soon as possible]The China Banking and Insurance Regulatory Commission and the Ministry of Housing and Urban-Rural Development have issued guidance on banking and insurance institutions supporting the development of affordable rental housing. The first is to promote the implementation of supporting measures related to affordable rental housing as soon as possible. All localities should issue specific measures for the development of affordable rental housing as soon as possible, and clarify the application conditions, procedures and work requirements for the construction of affordable rental housing in their respective regions. The second is to strengthen the supervision and management of affordable rental housing projects. The third is to do a good job in project access management. (Financial Association)
The China Banking and Insurance Regulatory Commission and the Ministry of Housing and Urban-Rural Development issued anBankinsuranceGuiding Opinions on Institutions Supporting the Development of Affordable Rental Housing. The first is to promote the implementation of supporting measures related to affordable rental housing as soon as possible. All localities should issue specific measures for the development of affordable rental housing as soon as possible, and clarify the application conditions, procedures and work requirements for the construction of affordable rental housing in their respective regions. The second is to strengthen the supervision and management of affordable rental housing projects. All localities should speed up the establishment and improvement of housing rental management service platforms, and strengthen the supervision of the whole process of construction, rental and operation management of affordable rental housing.Severely crack down on defrauding people in the name of affordable rental housingBankinsuranceInstitutional preferential policy behavior. The third is to do a good job in project access management.
(Article source: Financial Associated Press)