Ningbo started new projects of low-price houses

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Category: Governmental News

Published: Wednesday, 02 May 2012 09:11

According to Ningbo Housing Construction Committee, in this year, Ningbo has started the construction of 7,902 low-price houses of 690,000 square meters, including 3,587 public rental houses of 230,000 square meters. Of the target of 15,900 low-price houses (including 10,000 public rental houses) that should be started construction this year as is set by Zhejiang Provincial People's Government for Ningbo, Ningbo has so far fulfilled half.

According to Zhejiang Provincial Government, Ningbo this year should basically complete the construction of 5,800 low-price houses, including 5,000 as-built ones. The city should also have 1,000 households subsidized for renting houses. Statistics of Ningbo Housing Construction Committee show that so far, Ningbo has completed the construction of 1,744 low-price houses of 150,000 square meters, and the on-going projects of low-income houses involve 2.15 million sq meters. In this year, the city has solved the housing problem for 2, 604 low and middle-income families, providing 1,624 families with low-rental houses and 980 low-price houses.

In order to ensure the land for low-price housing for low-income earners, in July last year, Ningbo Housing Construction Committee, Ningbo Municipal Development and Reform Commission and joined in by Ningbo Municipal Development and Reform Commission and Ningbo Municipal Land and Resources Bureau jointly circulated a document, requiring that all the counties and cities of Ningbo should ensure the land for low-pricing houses in 2012. Early in this year, Ningbo Housing Construction Committee and Ningbo Municipal Land and Resources Bureau urged them several times to ensure the land for the low-price houses