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The central finance strongly supports the construction of affordable housing projects in cities and towns of Guangxi

  • 2024/05/20
  • six thousand three hundred and seventy-six
  • Author: Cost General

In 2024, Guangxi will receive 1.879 billion yuan of subsidies from the central government for affordable housing projects in cities and towns, an increase of 13% over 2023, to support projects such as affordable housing for rationing and reconstruction of villages in cities.

In 2024, the urban security of Guangxi Zhuang Autonomous Region comfortable Housing Project The construction has received strong support from the central finance, with a total subsidy of 1.879 billion yuan, an increase of 13% over 2023. This remarkable capital increase will greatly improve the capital security level of Guangxi in urban affordable housing construction.

In order to implement the decision and deployment of the central government on accelerating the construction of affordable housing, the central financial subsidies will focus on supporting the placement of affordable housing and the reconstruction of urban villages. Of which, 261 million yuan is dedicated to the reconstruction project of villages in cities, which is expected to benefit about 24000 households. In addition, 410 million yuan of housing security subsidies will be used to support Guangxi's construction to raise 5440 affordable housing units for sale, about 40000 affordable housing units for rent, 420 public rental housing units, as well as housing lease subsidies, benefiting about 22500 households.

In order to further improve the level of housing security, the central government has also allocated 591 million yuan for the renovation of 1366 old residential areas, which will directly benefit nearly 140000 households. At the same time, 301 million yuan will be used for the reconstruction of shantytowns (urban dilapidated houses), supporting the reconstruction of about 13600 C and D grade dilapidated houses in the whole district, so as to improve the living environment and enhance the residents' sense of happiness, gain and security.

It is worth noting that the central finance also considered the performance orientation when issuing subsidies. According to the performance evaluation results of the affordable housing project task last year and the task volume of this year, the central government has specially arranged a reward fund of 317 million yuan to support the construction of affordable housing project in Guangxi as a whole.

In general, the strong support of the central finance will inject strong impetus into the construction of affordable housing projects in cities and towns of Guangxi, which will not only help solve the housing problem, improve the quality of life of residents, but also promote the high-quality development of cities. This measure fully reflects the great importance that the country attaches to livelihood projects and its firm commitment to improving people's living standards. With the gradual implementation of these projects, urban residents in Guangxi will enjoy a safer and more comfortable living environment.


Article source: Costing

*The article is an independent opinion of the author, which does not represent the general position of cost

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