The heads of multiple departments said at the regular briefing on the State Council's policies held by the State Council Information Office on May 17 that in the near future, the Ministry of Housing and Urban-Rural Development, the Ministry of Natural Resources, the People's Bank of China, and the State Administration of Financial Supervision will issue supporting policy documents related to the delivery of housing.
Quick Facts
A work plan for the delivery of urban commercial housing projects will be introduced
Set up a 300 billion yuan re-loan for affordable housing to support local state-owned enterprises to purchase completed and unsold commercial housing at a reasonable price and use it as affordable housing for sale or rent
Establish and improve the coordination mechanism for urban real estate financing, fully support the financing of projects that should be renewed and the completion and delivery of urban governments, promote the "full progress" of projects that meet the conditions of the "white list", and commercial banks "make full loans" for the projects that comply with the "white list"
It is necessary to introduce policies and measures to properly dispose of idle land and revitalize the stock of land
A work plan for the delivery of urban commercial housing projects will be introduced
For the focus of the work of guaranteeing the delivery of housing, Dong Jianguo, vice minister of the Ministry of Housing and Urban-Rural Development, introduced that the first is to do a good job in the battle of ensuring the delivery of commercial housing projects and prevent the risk of unfinished. In accordance with the principles of marketization and rule of law, classify and dispose of commercial housing projects under construction that have been sold but not delivered, promote the construction and delivery of projects, and effectively protect the legitimate rights and interests of home buyers.
The second is to further play the role of the coordination mechanism of urban real estate financing to meet the reasonable financing needs of real estate projects. The city government promotes the projects that meet the conditions of the "white list" to "make every effort to advance", and commercial banks "lend as much as possible" to the projects that comply with the "white list" to meet the reasonable financing needs of projects under construction.
The third is to promote the digestion of the stock of commercial housing. The city government adheres to the principle of "purchasing according to demand", and can organize local state-owned enterprises to purchase a part of the stock of commercial housing at a reasonable price for use as affordable housing.
Fourth, it is necessary to properly dispose of and revitalize the stock of land. At present, the stock of land that has not yet been developed or has been started but not completed shall be properly disposed of and revitalized through government recovery and acquisition, market circulation and transfer, and continued development of enterprises, so as to promote real estate enterprises to alleviate difficulties and reduce debts, and promote the efficient use of land resources.
Dong Jianguo said that the Ministry of Housing and Urban-Rural Development will work with relevant departments to conscientiously implement the spirit of the meeting of the Political Bureau of the Central Committee, in accordance with the deployment requirements of the State Council, earnestly do a good job in ensuring the delivery of housing, promote the delivery of projects on time and with good quality, and effectively protect the legitimate rights and interests of buyers.
"There has been a significant change in the current supply and demand relationship in the real estate market. The real estate market is in the process of adjustment, and some of the sold commercial housing projects under construction are facing delivery difficulties, and if the sold housing projects are not completed, it will seriously damage the legitimate rights and interests of buyers and affect the stable and healthy development of the real estate market. The Ministry of Housing and Urban-Rural Development, together with the State Administration of Financial Supervision and other departments, will issue a work plan for the delivery of urban commercial housing projects. Dong Jianguo said.
Set up a 300 billion yuan re-loan for affordable housing
Tao Ling, deputy governor of the People's Bank of China, said that the establishment of 300 billion yuan of affordable housing reloans, encouraging and guiding financial institutions to follow the principles of marketization and rule of law, support local state-owned enterprises to purchase completed and unsold commercial housing at reasonable prices, and use them as placement or rental type affordable housing, is expected to drive bank loans of 500 billion yuan.
For the key points of the policy, Tao Ling introduced, first, the scale of affordable housing re-lending is 300 billion yuan, the interest rate is 1.75%, the term is one year, and the period can be extended 4 times, and the issuance objects include 21 national banks such as the China Development Bank, policy banks, state-owned commercial banks, postal savings banks, and joint-stock commercial banks. Banks issue loans in accordance with the principle of independent decision-making and risk-bearing, and the People's Bank of China issues reloans at 60% of the loan principal, which can drive bank loans of 500 billion yuan.
Second, the acquired commercial housing is strictly limited to the commercial housing that has been completed and unsold by real estate enterprises, and real estate enterprises of different ownership systems are treated equally, and the unit type and area standards of the acquired commercial housing are strictly grasped in accordance with the principle that affordable housing is used to meet the rigid housing needs of wage and salary income groups.
Third, the city government selects a state-owned enterprise as the acquisition entity, and the state-owned enterprise and its affiliated group shall not involve the hidden debts of the local government, shall not be a local government financing platform, and shall have the credit requirements and credit space of the bank, and shall be placed or leased quickly after the acquisition.
Fourth, voluntary participation, the city government independently decides whether to participate according to local affordable housing demand, commercial housing inventory level and other factors; Wage earners who meet the conditions for protection can choose whether to participate in the placement or leasing on their own; The real estate enterprise negotiates on an equal footing with the acquirer and decides whether to sell on its own; In accordance with the principle of business sustainability at their own risk, 21 banks made their own decisions on whether to issue loans to the acquirer.
Establish and improve the coordination mechanism for urban real estate financing
Xiao Yuanqi, deputy director of the State Administration of Financial Supervision and Administration, introduced that in January this year, the State Administration of Financial Supervision and the Ministry of Housing and Urban-Rural Development jointly issued the "Notice on the Establishment of Urban Real Estate Financing Coordination Mechanism", and will soon issue the "Notice on Further Playing the Role of Urban Real Estate Financing Coordination Mechanism to Meet the Reasonable Financing Needs of Real Estate Projects", establish and improve the urban real estate financing coordination mechanism, deeply understand the people's nature and politics of real estate work, and continue to adhere to the city-specific policies, with the city as the main body and the project as the centerWe will fully support the financing and completion delivery of projects that should be renewed, and do a good job in ensuring the delivery of housing to protect the legitimate rights and interests of buyers.
Xiao Yuanqi said that the financing coordination mechanism is headed by the main responsible comrades of the city government, the deputy mayor in charge of urban construction, housing and finance is the deputy leader, and the relevant departments and financial institutions are member units to set up a special working class to carry out centralized office. The city coordination mechanism is mainly to summarize the situation of real estate projects within its jurisdiction, review the "white list" projects in accordance with the conditions and standards, and urge the relevant parties to increase rectification efforts and effectively solve the corresponding problems to meet the conditions and standards of the "white list" projects. The "white list" is voluntarily declared by the real estate project company, and the district and county of the city where it is located pre-examine and submit the list. The urban coordination mechanism organizes screening and review, and those who meet the conditions and standards are included in the "white list", and those who do not meet the conditions and standards are to implement rectification, promote problem solving, and form a closed-loop management mechanism. In addition, the city coordination mechanism should be responsible for optimizing the supervision process of pre-sale funds and reasonably confirming the amount of pre-sale supervision funds. At the same time, it is necessary to consolidate the responsibilities of real estate enterprises and real estate project companies.
Policies and measures should be introduced to properly dispose of idle land and revitalize the stock of land
Liu Guohong, Vice Minister of the Ministry of Natural Resources, introduced at the press conference that on the basis of extensive research, the Ministry of Natural Resources is ready to introduce policies and measures to properly dispose of idle land and revitalize the stock of land, and support local governments to proceed from the actual situation and properly dispose of the idle stock residential land that has been transferred by means of recovery and acquisition as appropriate, so as to help enterprises solve their difficulties. At the same time, it promotes the economical and intensive use of land, prevents and resolves risks, and helps the high-quality development of real estate.
"There are mainly two lines: one line is to strictly dispose of idle land in accordance with the law, and the other line is to increase support for the revitalization and utilization of stock land." Liu Guohong said.
The specific policy highlights can be briefly summarized in the following three aspects:
The first is to support the optimization and development of enterprises. The main purpose is to eliminate obstacles to development and construction, reasonably exempt from liability for breach of contract caused by natural disasters and epidemics, and allow enterprises to reasonably adjust planning conditions and design requirements in accordance with procedures to better meet market demand.
The second is to promote market circulation and transfer. It is mainly to give full play to the role of the secondary market of land, support the transfer of advance registration and "transfer with mortgage", and encourage transfer or cooperative development.
The third is to support local governments to recover land at reasonable prices. The main purpose is to support local governments to recover idle land at a reasonable price in accordance with the principle of "purchasing according to demand" for the construction of affordable housing. Localities are allowed to adopt a parallel "repossession-supply" approach to simplify procedures, handle planning and land supply procedures, and better provide facilitation services.
Reviewer: Zhang Qinfeng Editor: Zhang Nan Jiao Yuanyuan Proofreader: Zhang Jing Signed: Peng Yong
