Beijing to provide subsidized housing to 130,000 households by 2015
The Beijing Daily Messenger, formerly known as the Star Daily, is a weekday newspaper distributed on the Beijing subway. Today’s top headline says, “In three years, 130,000 households will receive subsidized housing by the city.” According to the Municipal Housing Commission, there are 270,000 households in Beijing in need of housing subsidies. 140,000 have already received help, and the city plans to provide subsidies to the remaining 130,000 by 2015. The city also plans to provide housing-rental subsidies to 100,000 families, and complete 700,000 units of affordable housing in various forms over the next three years.
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