June 12, the Ministry of Housing and Urban-Rural Development announced that the “public rental housing management approach” (hereinafter referred to as the “Rules”). “Measures” to make clear that the eligibility criteria for public rental housing, operational monitoring, exit mechanism. At the same time a clear, public rental housing through new construction, reconstruction, acquisition, long-term lease, and a variety of ways to raise, by government investment, the government can provide policy support and public investment.in accordance with the provisions of the “measures”, to apply for public rental housing must meet the following conditions: the applicant in the local housing or housing area below the required standard; the applicant’s income and property below the prescribed standards; applicant for migrant workers to achieve stable employment in the local prescribed number of years. Around the housing security department in charge according to local conditions, the conditions of application adjustments, implemented at the same level People’s Government and the public.
“approach” provides that if a civil contract between government ownership and the lessee disputes still to be resolved in accordance with the terms of the contract.
In order to encourage public investment in construction of public rental housing, as well as to guide and regulate the real estate rental market, “approach” provides public rental housing rents should be determined in accordance with the principle of housing market rent levels slightly below the same lot, and regularly adjustment. Stable rental relationship, to protect the interests of the lessee, the lease contract has been signed, the parties in accordance with the rents approved by the local people’s governments agreed the amount of rent each set of public rental housing. When the lessee whose income is less than the locally developed standards may, in accordance with the relevant provisions apply for rental subsidies or relief.
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