21,000 families not eligible for benefit
By Wang Huazhong and Zheng Jinran | China Daily | Updated: 2012-07-19 08:06
More than 21,000 ineligible families are living in affordable housing in 42 cities and counties, according to a report released on Wednesday.
The National Audit Office's report, which focuses on affordable-housing projects in 66 cities and counties, said 193,000 subsidized units, or 24.85 percent of all the samples taken, were built bigger than the standard size of affordable housing.
China plans to build 36 million affordable-housing units from 2011 to 2015, a plan partly aimed at cooling the property market.
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