Xincai County housing subsidy is provided by the state

Housing subsidy is a subsidy provided by the state to solve the housing problem of employees. It converts the funds originally used by the unit to build and purchase houses into housing subsidies, which are paid in installments (such as monthly) or all at once. to employees, who then go to the housing market to solve their housing problems by purchasing or renting.

The principle of housing subsidies is to adhere to the principle of giving priority to efficiency and taking into account the principle of fairness. It is determined by local governments based on factors such as the average price of local affordable housing, average wages, and the housing area that employees should enjoy.

Housing subsidies are provided to employees. At present, administrative agencies and public institutions in economically developed areas have implemented it, and enterprises can implement it according to their own conditions. Economically underdeveloped areas cannot yet implement it.

Employees who have purchased housing with specified area standards in accordance with housing reform preferential policies do not receive housing subsidies; employees who rent public housing can enjoy housing subsidies after voluntarily quitting the rented housing. The housing subsidy measures and employee housing area standards for employees whose housing area does not meet the prescribed standards shall be implemented in accordance with local government regulations.