The Ministry of Finance has pledged more funding this year to build homes for low-income households.
The ministry has recommended a variety of fund-raising options for local governments, and says they must 'effectively guarantee' their share of the funding needed to sustain affordable-housing projects under their control, while 'not leaving any gap' between the plans and their financing.
With the increasing emphasis on such housing, Vice-Premier Li Keqiang on Monday called for more efforts to prevent deception and corruption in the distribution of subsidised apartments.
'Fair distribution is key to the success of low-income housing and is the lifeline of its sustainability. It is also an important test of the government's credibility and its ability to execute the programme,' Li said.
Several large-scale affordable- housing programmes are being carried out simultaneously in Chinese cities in an effort to improve the housing conditions of low-income families.
The Finance Ministry said provincial governments should also provide additional funding to cities that were struggling to raise enough money.
It also said that affordable housing should be given priority in the use of proceeds from local government bonds. Revenue from property taxes, where applicable, should be injected into building affordable housing.
