Renovation plan for this year has been worked out. The municipal housing land
resources bureau gave notice recently to decide on an area of 11 million square
meters to be renovated within the year, renovation work will be done on 291
elevators, out of which, residential districts without property management
covering 1.2 million square meters are to be renovated. Fund for comprehensive
renovation is from allowance from housing land departments on municipal and
district level and maintenance fund from proprietors.
It is known that this year is essential in the three-year plan on
comprehensive renovation for public housing, because there is a large work load
and many difficulties in the renovation work for this year. Up to now, total
amount for comprehensive renovation has been decided, annual plan is to be sent
down in March. In the renovation work for this year, housing land resources
bureaus from all districts and real estate developers will rely on district
government, give full play the role of neighborhood committee, offices of
housing land resources bureau, proprietor committees and property management
companies, implementation units at all districts will invite experienced
superintendents and personnel who are to be responsible for superintending on
the spot the comprehensive renovation project and strengthening supervision on
construction and acceptance inspection on concealed projects.
As for raising funds for housing comprehensive renovation, the municipal
housing land resources bureau asks to do it according to the method of "three
points", i.e., allowance from the municipal housing land resources bureau,
allowance from housing land resources bureaus on district and county level, and
maintenance fund for proprietors. The municipal housing land resources bureau
has made some adjustment on fund allowance proportion: for residential districts
without property management, the allowance from the municipal government will be
adjusted to 40%, and the rest housing will be subsidized with a proportion of
30%. Renovation funds will be stored in the special account and can be only used
for the renovation work; it must not be embezzled.