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Effectiveness of Refinancing Affordable Housing in CN Becoming Apparent
2024-12-19 08:47:11
Since the National Home Delivery Guarantee Work Conference on May 17, relevant units and local governments have been working closely together to expedite the implementation of the policy of acquiring existing commercial housing for use as affordable housing, and have reaped initial results, according to a report in the Securities Times.

More than 10 cities have recently acquired existing housing projects, and tens of thousands of units of affordable housing have been collected, report told. The National Home Delivery Guarantee Work Conference made it clear that the government can “order according to demand” in cities with large inventories of commercial housing, and, at its discretion, acquire some commercial housing at reasonable prices for use as affordable housing.
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