Beijing to Provide 300,000 m2 Low-Rent Housing in 2007
According to the news from the department concerned, Beijing will provide 300,000 m2 low-rent housing in 2007 for the families whose monthly income is less than 580 yuan (RMB) and the housing area per capita is below 7.5 m2. The low-rent housing is mainly distributed in the new projects of economically affordable housing which have easy access to the public transportation. For the disabled and those who are inconvenient in movement, the government will buy some second-hand houses in the central area of Beijing to satisfy their special demand by either monetary subsidizing or house renting. The suite floor area of low-rent housing supplied in Beijing is about 40 to 60 m2.