Copyright 2024 - Ningbo Life / Ningbo Expat

Affordable housing to be enter market in Ningbo

It is learned on March 26 from Ningbo Municipal Commission of Housing and Urban-rural Development that in 2013 Ningbo will start the building of the affordable housing projects with an area of 1.001 million square meters, and complete the construction of the affordable houses with a total area of 1.1695 million square meters. 8250 sets of affordable houses will be available in market for renting or sale.
So far, the commission has set the target of the construction of the affordable housing. By further improving the system of mainly composed of the public leasing housing and supplemented by other supporting policies, and making clear the existing amount and target amount of the public leasing housing, cheap rent housing, and the placement housing for transformed old housing, the city has set the target for the five-year housing improvement plan and the annual improvement plan, scheduled to achieve the improvement of 25% of the recorded dangerous houses.
Specifically speaking, in Haishu District, the construction of 500 sets of public leasing housing will be completed, and 200 sets of affordable housing will be completed, with 700 sets of public leasing housing for renting and 500 sets of affordable housing for sale. In Jiangdong District, 432 sets of affordable housing will be completed, with 670 sets of public leasing housing for renting and 400 sets of affordable housing for sale. In Jiangbei District, 300 sets of public leasing housing will be put under construction, and 2000 sets of affordable housing will be completed, with 1000 affordable houses for renting.

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