Provincial Capital Investment Company accelerates the preliminary review of Jiangsu Bank's shed reform fund
Recently, the General Office of the Provincial Government issued a notice on decomposing and releasing the goals and tasks of the 2016 affordable housing project. According to the national deployment requirements and combined with the actual conditions of various parts of the province, the provincial government has determined the goals and tasks of the province's affordable housing project in 2016 as follows: 250,000 units (households) of various shantytowns (dilapidated houses) have been newly renovated, 200,000 units of resettlement housing and 20,000 units of public rental housing have been basically completed; 3,4700 new housing rental subsidies have been issued to low-income families.
In order to implement the provincial government's work requirements on "making good use of commercial bank funds such as the Bank of Jiangsu Shelter Reform Fund", in March, the Provincial Capital Investment Company teamed up with the Bank of Jiangsu to conduct preliminary review and due diligence on the application materials of shed reform projects in cities, counties and districts such as Lianshui, Pizhou, and Suyu. After the application project was reviewed and approved by the Loan Committee of Bank of Jiangsu and approved by the Investment Decision Committee of the Suyincheng Investment Shelter Reform Fund, the Provincial Capital Investment Company signed the "Agreement on Government Purchase of Shantytown Renovation Services" and the "Agreement on Fund Use" with relevant cities, counties and districts. The projects approved in the month include: 1.661 billion yuan in Lianshui County, 2.05 billion yuan in Pizhou City, 500 million yuan in Suyu District, 1 billion yuan in Haian County, 1.346 billion yuan in Baoying County, and 370 million yuan in the first phase and 360 million yuan in the second phase of Xinyi City.

